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


To: Glenn McDougall who wrote (2661)1/8/1998 12:28:00 PM
From: Sans Souci  Read Replies (1) | Respond to of 18016
 
Perhaps someone is unloading a huge position in NNC? Maybe a mutual fund? Can anyone check to see if most selling is originating from a single source, or, if it's scattered?

-- Paul

(PS: I'd guess that even if there was one big seller, they could easily sell through a number of different sources, thus hiding their activities)



To: Glenn McDougall who wrote (2661)1/8/1998 1:52:00 PM
From: Barron Von Hymen  Read Replies (1) | Respond to of 18016
 
I bet this decline has everything to do with ASND saying they're gathering market share in ATM, and a report that ASND is the leader in switch market citing "next competitor no where close". Would be bad if "competitor" were Newbridge. Would be really bad if it weren't.



To: Glenn McDougall who wrote (2661)1/8/1998 6:13:00 PM
From: micromike  Read Replies (2) | Respond to of 18016
 
My guess is that the Asian flu since there hasn't been any negative news on Newbridge.
I came across this article which mentions the Asian flu.

Are networking's salad days over?
news.com
---

Now a positive article even though they aren't using NN equipment.

ATM Proves Potent For Hospital Network
techweb.cmp.com
When people's health depends on network uptime, the overused term "mission-critical" takes on an entirely new meaning.
---

I could be total wrong but I expect the demand for bandwidth to grow like crazy in the coming years. In the long run, if you are a long term investor NN should pay off. I could be wrong again but it sure looks like NN is at a very attractive price. The problem is that momentum has got a hold of NN and were it stops nobody knows. Sure wish I had more money to plunk down.

JMHO
Mike