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


To: michael who wrote (4288)4/28/1998 3:34:00 PM
From: cruncher  Respond to of 18016
 
michael: You are quite right about volume.

Volume is a good way of monitoring stocks but I have to say that you need the high volumes for a stock to go down but you do not always need the high volumes for the stock to go up. Last week I believe we had the high volume on the upside which in my opinion cleaned out all of the weak stock.

Only a Opinion

cruncher



To: michael who wrote (4288)4/28/1998 3:53:00 PM
From: pat mudge  Read Replies (1) | Respond to of 18016
 
Michael --

I agree the volume is less than exciting but my other stocks are suffering the same fate.

TXN av. vol = 3.053 --- current vol. 1.394

ASND av vol. = 7.46 --- current vol. 4.54

CIEIN av. vol = 2.859 --- current vol. 1.784

CSCO av. vol = 8.03 --- current vol. 7.87

I hope you considered this when you decided to short. Especially going into NN's 7:30 presentation at the well attended, highly respected H&Q conference.

Pat