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


To: Frank Ferrari who wrote (2900)2/1/1998 12:46:00 PM
From: Steven Fischer  Respond to of 18016
 
I agree 100 percent.

When people are selling that is the oppurtunity to buy.As read earlier some people have tried to catch the falling knife and got cut.I am very long with NNC and as you say I will wait a just a bit more to see if there is going to be some resistance. 'only lose if you sell'

-Steve



To: Frank Ferrari who wrote (2900)2/1/1998 3:49:00 PM
From: larry pollock  Read Replies (1) | Respond to of 18016
 
The last earnings warning was issued on November 3, 1997, the first business day of that month. The statement was released about 8:00 P.M. eastern, and contained commentary soley from NN's president,Peter Charbonneau.



To: Frank Ferrari who wrote (2900)2/1/1998 5:06:00 PM
From: Jan Johnstone  Read Replies (1) | Respond to of 18016
 
I would concur, they'll have to make an announcement this week if there is anything good to report. The CEO of Oracle came out last week with some positive news about earnings which stopped their slide.

If nothing is said, the market will assume the worst. I was looking to re-enter under $40 Cdn., but this could slide to $20 Cdn., if earnings/revenues don't look good, and UB situation remains unresolved.

If good news does come out it could move to $60 Cdn. very quickly. I like Newbridge's prospects, but won't commit until there is a clear indication that it will turnaround.

This week should be interesting.

Jan



To: Frank Ferrari who wrote (2900)2/1/1998 8:49:00 PM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) | Respond to of 18016
 
Frank I agree ....the fear indicator is looking good..