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


To: kahu who wrote (3952)3/31/1998 1:23:00 PM
From: Craig Ferguson  Respond to of 18016
 
Technically, price drops on low volume are supposed to be ok, however I'm confused on this one. The market up over 100 today, several networkers up, and Newbridge's losses are growing. Hopefully we find support at 26: it's 50dma. Perhaps we are just in dead space, we've filled the gap from the selloff last quarter, found a top and tested it twice, and now we're just basically....newsless. If we stay neutral to down like this, I could see ASND's earnings acting as a catalyst late next week.