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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: tom ablett who wrote (2284)	10/22/1997 8:42:00 PM
From: Jeffrey L. Henken	Respond to of 18016

OZON huh? Wouldn't a 10% loss be welcome in that stock for most of us recent buyers? I don't worry about NN trading in this fashion. It would certainly be a good buy right now. The major reason I haven't added anything to this thread lately is that I used all my available cash on OZON. Newbridge is an absolute no brainer. They have unannounced contracts in the bag. The company has met(though not exceeded) earnings estimates at a time when other networking stocks have stumbled. Nortel may be big in ATM but have they announced the size of contracts that NN and Siemans have? I will probably be selling my Glenayre(GEMS) position soon to buy more OZON. But I won't be selling NN. Not for years. Regards, Jeff

To: tom ablett who wrote (2284)	10/24/1997 11:26:00 AM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 18016

Okay I admit it, I was in denial. Technically the stock has broken down well below resistance. Short term players are obviously falling all over themselves to sell. This is a real test of a long term investors patience. I am indeed sorry you got back in as quickly as you did. Hopefully the stock will find a bottom, form a base and give us an opportunity to participate in the next move upward. Regards, Jeff