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

To: Jeffrey L. Henken who wrote (4358)	5/4/1998 2:38:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 18016

Dow Jones is reporting that NN is up today due to speculation that, tomorrow at the trade show in Las Vegas, NN will announce new contracts.

To: Jeffrey L. Henken who wrote (4358)	5/5/1998 8:54:00 AM
From: notredame	Read Replies (1) \| Respond to of 18016

NN's big day HAD something to do with the moves in other networkers yesterday: From thestreet.com "Early May typically is white-knuckle time for Cisco (CSCO:Nasdaq) investors, but this time around applause is building early. Cisco's stock climbed 1 3/8 Monday to a record high of 74 15/16, as investors bet that the dominant networker will meet Wall Street's expectations for the April quarter when it reports after the market closes today, once again skirting the forces buffeting its rivals. The market values Cisco at $74.9 billion, or 59 times trailing earnings. On Monday, Cisco's rising tide was strong enough to pull other ships higher: Competitor 3Com (COMS:Nasdaq), whose market cap is $12.1 billion, traded 11/16 higher Monday to finish at 34 13/16. Ascend (ASND:Nasdaq), with a market cap of $8.2 billion, lifted 3/8 to 43." Yesterday's was two fold : 1. Expectation of additional contracts (from DJ newswire) 2. Sector wide anticipation of CSCO earnings. This WAS not some marketing hype fueling the stock.