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

To: Steve G. who wrote (2942)2/2/1998 6:43:00 PM
From: Doug  Read Replies (2) | Respond to of 18016
 
Thx Steve. Except for the drillers, the short sellers have had a very bad market in other non tech groups. As such they are likely to gather in large numbers for this kill. I believe the intraday could be lower only because of the heavy volume. After all at a P/E of 30 with 10c earnings, most stocks would be in the $12-15 range.






To: Steve G. who wrote (2942)2/2/1998 7:27:00 PM
From: samson  Read Replies (1) | Respond to of 18016
 
"Technology analyst Robert MacLellan of SBC Warburg Dillon Read Inc. of New York believes that Newbridge could test the low $30s before it turns around", quote from Ottawa Sun before the earnings announcement. We will have to watch tomorrow to see how correct he is.



To: Steve G. who wrote (2942)2/2/1998 7:35:00 PM
From: Doug  Respond to of 18016
 
Does anyone with an after hours access know what NN is trading at?.
Thx.


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