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


To: Maple Leaf who wrote (2602)12/16/1997 8:31:00 PM
From: Roman  Respond to of 18016
 
I think that there was upgrade on NNC, according to Yahoo research service, last week we had

Strong Buy 7
Moderate Buy 5
Hold 5
Moderate Sell 1
Strong Sell 0

This week, moderate Buy, was increased to 6.

Tokyo is up as of this moment by almost 2%. We might have another strong day tommorow for NNC



To: Maple Leaf who wrote (2602)12/17/1997 3:16:00 AM
From: randy kay  Read Replies (1) | Respond to of 18016
 
Ray, It's far too soon to look for a 'base' I would personally wait for NNC to be able to hold a certain trading range for two weeks min.
From the futures I would guess the market will be VERY strong today, maybe for a few days so it will be hard to tell what is really going on with NNC for about another 4 days or so.

Randy



To: Maple Leaf who wrote (2602)12/19/1997 9:59:00 AM
From: randy kay  Read Replies (1) | Respond to of 18016
 
Ray, today might be a good chance to test the $50 base you were wondering about. I will be checking various tech components to see how they hold up. IF the DOW goes down hard and NNC holds up at all then I think it will be an indication of support.
25 minutes into trading and so far Greenline and DS (these are the small guys) are dumping and the houses are buying, this could be a good sign but I'll have to check again at the close.

Randy