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

To: Claude Robitaille who wrote (3250)	2/20/1998 10:52:00 AM
From: Claude Robitaille	Read Replies (1) \| Respond to of 18016

Post says fund manager has mixed outlook Newbridge Networks Corporation NNC Shares issued 173,670,862 Feb 19 close $32.65 Fri 20 Feb 98 In the News Buy & Sell columnist Sonita Horvitch says in the Friday edition of the Financial Post that Newbridge Networks is one of the top stock picks of Malvin Spooner, v-p of Toronto-based YMG Capital Management. Ms Horvitch notes the stock, recently $33.35, has a 52-week range of $95 to $26.75. Mr Spooner says he would consider buying the stock back when the dust settles. Overall, Mr Spooner says this is shaping up to be a banner year for Canadian stocks. He says that earnings are surprising analysts, especially in the cyclical sectors which were battered down so badly last year. His optimism on the outlook for the Toronto Stock Exchange 300 composite index for the rest of the year is based on his call that interest rates will remain modest and Canadian consumer confidence will continue to grow. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com