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

To: Tunica Albuginea who wrote (4863)	6/3/1998 3:46:00 PM
From: pat mudge	Respond to of 18016

Tunica -- There are two sides to every coin. One man's ceiling is another man's floor, as Paul Simon put it. Seems to hold above 25 5/8. Of course, I added at 26. Got out of CIEN today, so couldn't resist. Later -- Pat

To: Tunica Albuginea who wrote (4863)	6/3/1998 5:48:00 PM
From: fumble	Read Replies (2) \| Respond to of 18016

<< Pat, it is easy for the MMs to hit on NN: only 175 Mill shares float; only the strong ( -enough to hold and buy shares ) will survive, G, >> If the float is light, then if someone wanted to spend some $$ to depress the stock, it would not take too much.. (price elasticity). The short interest would go up, indicating that folks are selling into the market shares that they don't own. I think there is a delay in reporting short interest, so we might not know this for awhile. Is this a correct analysis? (I'm not saying that anyone is actually doing this, but..)