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: Elmer Flugum who wrote (3368)	2/25/1998 5:24:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 18016

Grasso: I don't know about the company or whatever they do. I am only interested in its technical picture and try to figure out where the bottom is ...

To: Elmer Flugum who wrote (3368)	2/25/1998 5:35:00 PM
From: Thomas Scharf	Read Replies (1) \| Respond to of 18016

NN tanked to 24 You're forgetting a 2:1 split since then which would make that $12,& I don't think it actually got quite that low. I bought then at around US$14. I'm going to start accumulating more at current levels with a view to holding for 3 more years. In spite of missing estimates frequently & having a chronic problem with margins, I believe that NN will be rescued by the fact that it has top quality products for a market (ATM backbone for the teleco's) that is about to explode. Not only that, but it is the incumbent supplier to an industry that is, to say the least, conservative. IMHO only, Thomas