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

To: Bron-y-aur who wrote (3724)	3/17/1998 10:54:00 PM
From: Mark Kubisz	Read Replies (1) \| Respond to of 18016

>> Looks like a classic case of >>buy the rumor sell the fact... >>Briefing suggests taking profits now. Maybe, but that's taking an extremely short-term view of things. As I suggested in an earlier post, I think we are at the beginning of a cycle of analyst recommendations and resultant buying. It will take a lot more than rumours of big contracts to get those analysts back on side. They need to see the actual contracts, something they can base earnings projections on. When those contracts come, the recommendations will start, and then we'll see even bigger gains in this stock. Then the temporary downdrafts due to profit-taking will simply seem like blips along the way. Just after I wrote the above, I read post 3725. Another analyst has jumped aboard already, this time from Levesque Beaubien Geoffrion. They are coming like ants to honey, and its just beginning.