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

To: Glenn McDougall who wrote (3709)	3/16/1998 4:06:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

I trust nnc to do the right thing. I don't trust the overall market. That's it in a nutshell. I haven't taken any NN gains yet but certainly wouldn't hesitate to take 1/3 if I saw the momentum slow down. However, at this point I'm more tempted to add than sell. I have to laugh at myself. I actually didn't realize how well-positioned NN was until I did the numbers this week-end. What was it Thomas a Becket said before his assassination? "The last temptation is the greatest treason, to do the right thing for the wrong reason." RADNet was the bonus in the Cracker Jacks box. :) Later -- Pat

To: Glenn McDougall who wrote (3709)	3/16/1998 7:08:00 PM
From: Kenneth Tse	Respond to of 18016

Glenn, I'm in the U.S. and I've been watching the stock pretty closely. The momentum is continuing up and the stock has indicated a buy signal using a 10,45 mov avg chart. Thus I would say hold on. The stock trades better on OTC. I've some large sellers in T.O. and buyers in the U.S. Can explain why. I have been building a small position but I would suggest that if you have some good profits put a stop in around $37-39 CDN. (not too close b/c you can get picked off on the TSE b/c of liquidity) Ken P.S. don't worry about the DOW its only an indicator of 30 stocks.