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


To: Roman who wrote (2606)12/17/1997 1:15:00 PM
From: Don Beals  Read Replies (2) | Respond to of 18016
 
Roman
Midland Walwyn upgrades Newbridge to 1Buy target $70can 12/10/97

Don



To: Roman who wrote (2606)12/19/1997 7:56:00 PM
From: randy kay  Read Replies (2) | Respond to of 18016
 
Roman, Concerning the Canaccord upgrade. LISTEN CLOSELY. Canaccord are a bunch of bloody snakes, I wouldn't say it if it weren't true but they do upgrades and then they short the hell out of things. I'm not saying this is the case here but be very careful with what you read.
During Nov., Canaccord sold 467,145 shares for a profit of $8,420,161.
For Dec. as of today, they have sold 199,775 shares of NNC for profit of $1,633,621. They are NOT a buyer, they are a SELLER, so why are they saying to buy??. They came out with a big buy hype on Nortel about 1 month before it fell. Believe me, it's almost enough to make me short NNC knowing Canaccord is saying anything positive at all. Anyway, again, be VERY, VERY careful of this kind of news.

Randy