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

To: Sonki who wrote (2576)	12/15/1997 12:25:00 PM
From: Tunica Albuginea	Respond to of 18016

Sonki, " look in to efii, i m gona study it this weekend. also, ORCL one of the top4 of naz 100 stock (intc,msft,csco,orcl) has dropped 50%. will take 2yrs to recover. Must buy and hold orcl, and amat. ". I can't hold a stock for 2 years!!!! ( I'll die of boredom ).Essentially I trade. However your choices are excellent. Lookinf at NN I am beginning to agree with Serge Collins ( post #2572 ) that NN may be forming a head and shoulders formation. It may go lower. A good resistance point has always been 27.5. Nn has had a manic-deperessive personality from the get go.It appears it is entering one of the depressive stages.Question is how long will it last and how low will it sink. In the past, these spells lasted a year or so !!, at times!!. However as the ATM technology is becoming more accepted, and Telecoms are getting ready to sprint , NN has been entering into manic-phases more often and more violently !! gg !!, recently. It is possible that any major new contract announcement will do that ( up 4 points/day ). Fundamentaly though, if you are ready to sit on a stock for 2years!!! ( as in amat & co ), then I think you should strongly consider NN. I think that one of the best weapons of Nn is that over time it has sacrificed eps for more R&D which is the lifeblood of Tech stocks. When the telcos are ready to spend and build, they'll buy NN IMHO. so the over time it is a great growth stock. TA