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Gold/Mining/Energy : JDS Fitel -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Bean who wrote (186)	2/1/1998 2:08:00 PM
From: Serge Collins	Respond to of 815

Mr.Bean, I'm reluctant to discuss a company on another thread. However, I feel Newbridge is an excellent company whose technicals have run well ahead of the fundamentals. It might be a good buy, but I feel that the price must come down as the companies ratios P/E, P/S, P/G, P/B are too rich when compared with the expectations. Having said that, you never know with momemtum stocks as they tend to ride on emotion more than reason. Trying to determine what the market will do next is like picking the right numbers in the lottery. I think there are better buys in the US market. Qualcomm and Seagate are just two of them.