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


To: pat mudge who wrote (4084)4/10/1998 11:17:00 PM
From: Glenn McDougall  Respond to of 18016
 
Pat,
Great find! Your a big plus for the group to have, thanks for the info.

Regards
Glenn



To: pat mudge who wrote (4084)4/12/1998 9:06:00 PM
From: Sultan  Respond to of 18016
 
Am not sure if this was posted on many links you provided before, but for what it is worth, some noise on ATM.

Message 4036890



To: pat mudge who wrote (4084)4/13/1998 10:51:00 PM
From: Brett Nelson  Read Replies (1) | Respond to of 18016
 
Pat - I am primarily a technical analyst, but from my perspective, NN has been unable to break resistance at its 18 day moving average (around 27 3/8). In the face of a decent contract, I am at a loss as to why we haven't seen more of an upward bias in price. IMHO, NN needs to hold above $25 11/16 (the 40 day moving average) to confirm the resumption of its up-trend. Given today's action, this criteria looks in jeopardy. Any thoughts on what might be providing the resistance and what might provide the impetus for some upside movement (Thursday's contract was so quickly digested / disregarded)?

Thanks for your thoughts.