Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ian@SI who wrote (3364)	2/25/1998 5:06:00 PM
From: Bald Man from Mars	Respond to of 18016

I think if you paid anything less than $20 US, you are going to come out ahead on this dude ...

To: Ian@SI who wrote (3364)	2/25/1998 5:23:00 PM
From: j g cordes	Respond to of 18016

Ian, NN from a TA perspective is a buy here. It held on what was initially touted by newspeople as bad news, ie the unexpectedly large one time charge. My read is that its past news now and there's little overhead resistance to close the gap overhead to 29 or 30. This should happen rather quickly once the new product cycle gets underway. The # of shares/MM and price to sales is very low compared to competitors. I think we are at or very near the bottom for this next cycle up. I'm buying. Downside risk 20 upside opportunity 29-30 then 45. Jim