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

To: pat mudge who wrote (3723)	3/17/1998 12:45:00 AM
From: Bron-y-aur	Read Replies (1) \| Respond to of 18016

pat/tunica enjoying the opinions/facts on the thread. think its the most intelligent and useful one in si that i have seen. am also nn shareholder since last fall (bad timing but hanging in long term). came across this piece in briefing.com tonight. its one opinion that we dont necessarily like to hear or agree with, but here it is: Computer Networking Brief: Bay slumped another 11/16 despite announcing collaborative deal with Ericsson... Newbridge was group's biggest winner, adding 1 3/8... Stock up over 50% in past several weeks amid speculation company will win a contract from major U.S. phone company... Given recent rally, even if company gets the deal there won't be any upside left... Looks like a classic case of buy the rumor sell the fact... Briefing suggests taking profits now.

To: pat mudge who wrote (3723)	3/17/1998 9:39:00 AM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

Pat, I agree with being nimble, done that. I am just trying to time this,<gg>, believe it or not, and it's a thankless job. The question is when do you sell NN? I note Samg's opinion earlier today about Briefing Com's opinion. I tend to disagree with that and agree more with you. I believe the bad news is built into the price .You don't run up a stock 50% if you REALLY think there will be earning disappointments: you got to be off your rocker. "A sale to a major US telco" sent the price up and people will sell on the news.Possible. But the whole point here is that there are MULTIPLE telcos allover the place. Do we know when they will order? No. That ought to keep NN bubbling for a long time. I understand that Telcos order in Jan, since their year runs Jan to Dec. The MAJOR point however, I think, is that telcos have NOT been ordering equipment in the US even after the Telecom bill passed in Congress because the baby Bells don't want to spend money on it and then be forced to lease their lines/equipment to AT&T at alleged " beggar's prices " ( the Baby Bells claim, GG ). I think however that what TM said about 1998 will likely be true, ie, that he thinks there will be " sparks this year " flying as "everybody " will try to upgrade so they won't be left behind. It is now clear that there is an Internet explosion of almost cosmic proportions, involving voice, video and data.It is clear that every Tom, Dick and Harry want a piece of the pie, including not only the Bells and AT&T, but the cable companies, the Utilities want to sell too, satellites and wireless, foreign companies that want to go International. bottom line is that in technology the best technology usually wins. ATM is clearly the best in broad bandwidth, with NN at the helm. And so I think we've waited now 2 years after the passage of the Telecom bill, and as Arnold (Schwrtzenegger )would say, " your time is up ", i.e. NN is ready to take off; it may not be a good idea to try and time this stock now, sell, hoping to buy back later at lower prices: they may never come. Happy thoughts: CeBIT won't start till Thursday, and it's got till next Thursday to run, by Jack Handey TA