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

To: Thomas Scharf who wrote (3647)	3/13/1998 8:12:00 AM
From: Glenn McDougall	Respond to of 18016

Acording to the street.com...Newbridge's bounce looks real! since feb 4 nn share price has increased by 34% csco has slipped slightly and ascend has had a 14% increase. TAL investment counsel purchased most of there 150K of shares in the last 2 months says it's to early to set a price target for this rise. Another money manager, purchased a few hundred thousand shares and increased his firm's stake to about 4.5-5 million shares since the trough in early february says investors are warming to the company's plan to keep expenses flat until revenue recovers to a healthy level. Selling,general, admin and r&d expenses are 52% of revenue compared to 36% one year earlier. Another up day.. Glenn

To: Thomas Scharf who wrote (3647)	3/13/1998 10:04:00 AM
From: Bald Man from Mars	Respond to of 18016

>>get $10,000 or $20,000 back<< Theoretically possible. If a stock doubles every year for 5 years, you will get a return of 32 times your original investment. Quite optimistic and not really likely, I admit, but not out of the realm of possible outcomes. A 20 bagger over 5 years needs a yearly growth rate of about 80%. You get a 10 bagger with a growth rate a little under 60%. Besides that, you would avoid paying any of those profit sucking short term gain taxes that force you to get much larger trading gains than us buy & hold types need for the same long term results. ---------------------------------------------------------------------- Very optimistic, but nonetheless, cannot rule out the possibility. It is so funny watching Wall Street's sentiment towards this dude a month ago and now, does this dude change so much in one month. They are treating this dude like they are dead a month or so ago, now it might become the darling of the street !!!