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

To: michael who wrote (2878)	1/29/1998 10:50:00 PM
From: Herb Duncan	Respond to of 18016

Maybe 11, I hope so

To: michael who wrote (2878)	1/29/1998 11:00:00 PM
From: Nawien Sharma	Read Replies (1) \| Respond to of 18016

I bought 200 shares today. This stock has a tendancy to sleep and then move up quickly. Fundamentally, I believe that NN has some solid products with strong worldwide sales. Data Comm magazine picked 1998 Products of Year from four Newbridge companies not including CrossKey. These were Advanced Computer Communications, Cambrian Systems, TimeStep and nCipher. What I have always liked about Newbridge is the number of small private companies that Matthews has that add value to Newbridge's base ATM gear. They have done a good job of providing proven voice/video/data networks. Generally I find that people do not understand ATM and get nervous holding the stock for long periods of time. I owned NN last year at a purchase price of $41 CDN and sold at $44. It then shot up to around $80. For years I witnessed Newbridge's stock price move between $44 and $88. I cannot explain why the stock has tanked lately. I thought that cisco might have made an announcement to scare off shareholders, but I see no evidence of that. With the 3Com agreement to allow the use of NN products, I see competing technologies such as fast ethernet as less of a threat to ATM.