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

To: pat mudge who wrote (3708)3/16/1998 3:53:00 PM
From: Glenn McDougall  Read Replies (3) | Respond to of 18016
 
Bought more nnc at 29 (about 1/3 of holdings)have been a long term nnc
investor but now the big question with markets hitting highs and nnc
up around 40% should I reduce (about 1/3 of holdings) or hold on?
I trust nnc to do the right thing. I don't trust the overall market.
Vote today is to hold on for now but keep a careful eye on the dow.
Regards,
Glenn



To: pat mudge who wrote (3708)3/16/1998 7:12:00 PM
From: Mark Kubisz  Read Replies (2) | Respond to of 18016
 
If previous patterns hold, we are seeing the beginning of a long cycle where analysts once again start saying nice things about the company - Alex Brown was the first brokerage - which causes more buying, which in turn causes more analysts to come aboard, which in turn causes more buying, which in turn...well, you get the picture. Hang on for the ride I say, and don't let the speed bumps shake you off.


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