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

To: michael who wrote (4263)	4/27/1998 3:12:00 PM
From: cruncher	Respond to of 18016

michael: Are you that good? For you to turn bullish at 19 you must think that NN has something good to go forward with. I wish I was that good to pick the bottom of stocks I'm interested in. regards cruncher

To: michael who wrote (4263)	4/27/1998 3:14:00 PM
From: pat mudge	Respond to of 18016

and every day until $19.00 when I shall go long. This market will correct 10-15 percent, as will NN. Well, if you'd give me some solid reasons, backed by research, and stop calling it a "dog" as if you were a pubescent kid talking about a rival football team, I might listen. To be honest, I added today. Later -- Pat

To: michael who wrote (4263)	4/27/1998 4:04:00 PM
From: SFgymrat	Read Replies (1) \| Respond to of 18016

Michael, get a grip! NN is not going back down to $19! In fact there is a much better chance for it to break $30 by the end of the week! I suggest you cover your shorts before it's too late!

To: michael who wrote (4263)	4/27/1998 8:52:00 PM
From: Mark Kubisz	Read Replies (3) \| Respond to of 18016

Given the volatility of this stock, it held up well today considering the market weakness, finishing up well off its low. Sure NN will correct if the rest of the market does (which I don't think it will, until and unless the Fed does raise rates or gives a very strong indication that it will do so). But how does that make it a dog? A "dog" by definition is something that is dropping while everything else is rising, or otherwise grossly underperforms the market. By you own admission, Newbridge is not going to do that. Also, check your math. A 15% drop from the current price would bring it down to $22, not $19.:-)