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


To: cruncher who wrote (4313)4/30/1998 9:30:00 PM
From: Brett Nelson  Respond to of 18016
 
I have also been encouraged by the recent strength but disappointed we could not break 30 today. The good news is we closed above 29 1/4, which was the previous resistance point. The bad news is we cleared it just barely. Many analysts currently list the stock as "hold" so there is plenty of potential for upgrades. The question is whether those accumulating have got their fill or will we have yet another pull back from 30 before we finally punch through??