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


To: BMWIN who wrote (4716)6/1/1998 11:22:00 AM
From: thebeach  Read Replies (2) | Respond to of 18016
 
Just another example of Canada's poor judgement and a further mark against all investors who believe the crap that gets printed in this poor financial rag.



To: BMWIN who wrote (4716)6/1/1998 11:26:00 AM
From: zbyslaw owczarczyk  Respond to of 18016
 
"is a risk that Newbridge's market will move away from the technology that it produces"-it is the biggest joke I have ever heard. He wants to buy NN at lower price!!!



To: BMWIN who wrote (4716)6/1/1998 2:34:00 PM
From: pat mudge  Read Replies (5) | Respond to of 18016
 
Buy & Sell columnist Sonita Horvitch says in the Saturday edition of the Financial Post that Newbridge Networks is a top sell pick of John Crocker, senior vice-president and chief investment officer of Toronto-based Cassels Blaikie Investment Management. Ms Horvitch notes the stock, currently $40.25, has a 52-week range of $95 to $26.75. Mr Crocker says the stock is expensive and there is a risk that Newbridge's market will move away from the technology that it
produces.


The last time I heard such hogwash was when one of Pairgain's senior VPs told me ADSL might be viable in 10 to 15 years. Far from the market moving away from NN's products, it's moving towards them. Has Mr. Crocker not been told ATM is the hottest technology in this sector right now and probably will be for the next decade?

Why do I even bother commenting. . .

Pat