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: Edward W. Richmond who wrote (3592)	3/11/1998 3:12:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

Edward, techs up today. I note NN and ORCL both up nicely, both previously battered. they are cheap. People will buy perceived values. Both are leaders in their own fields. News that NN was dethroned from 40% leadership of international ATM market were a little premature I suppose. Nice article in WSJ today on big rises recently on Internet stocks ( Yahoo, Infoseek etc ) on the theory that computer woes/price slashes will broaden markets and be bullish for these stocks. Same theory would apply to networking stocks. Also I wonder if next week's show in Germany with Siemens-NN-3COM on a backdrop of new highs in European stock markets has anything to do with continues rise in NN stock. I tend to agree with Bald Man that this dude may go higher. i am trying hard not to sell from profits at 22; I sold it many times in the past prematurely. I think some of the market makers may be swinging the stock to shake off weak holders/momentum buyers at 17-22, TA