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

To: Harold S. who wrote (3078)	2/7/1998 10:49:00 PM
From: the truth	Respond to of 18016

I agree! I think the investor enthusiasm that brought Newbridge to the heights of $95 CDN was pounded by the "bear market" apparent. Investors are looking for earnings now, not in the future. Which leads one to wonder if this company is just as valuable today as it was yesterday? No. The stock got ahead of itself by some big buy ratings in New York. Now, the stocks sits lower than the initial buy recommendation at 40 to 50 dollars. Doesn't make sense. I think Newbridge will find its happy medium somewhere between the extreme highs and lows. Perhaps again sitting at 35 to 40 Canadian.