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

To: nick cash who wrote (2653)	1/7/1998 5:53:00 PM
From: Tunica Albuginea	Respond to of 18016

Nick I've gotten in and out of NN untold times the last 3 years with over all a gain. My gain however would have been greater if I had correctly predicted a single run up, bought low and sold high, which I didn't. NN today folloewd the market.The market ( and Nn ) are confused, scared and don't know nest step to take. IMHO i go with the following: -Asia represents only 10% of US trades. -Tech & networking revolution still in it's infancy and just taking off globally.NN a leader, it's hot. -Japan is rich/flush with cash will survive, though the Japanes people remain poor because money in a bank vault is of no use to them.This will not affect us. -S.Korea will muddle through with a little arm wrestling from our friend IMF and the Banks: they hav eno choice. -most of all, new fund moneys are coming into US market ( Jan effect) from Americans and from around the world, safe heaven). I think NN will test 39 again. TA