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

To: Johnny Canuck who wrote (5526)	7/12/1998 7:01:00 AM
From: nord	Read Replies (3) \| Respond to of 18016

Time for a little TA. Since June the stock has seemingly been under heavy/institutional? accumulation. 6/2 NN announces results for 1998 and Alan Lutz appointment Since then most days the trading of NN has had intraday acceleration in volume....many days in the 1-400% range. Seems like some big money is expecting the future to be bright for NN the mutual fund of emerging telecommunications. Mr Lutz seems to have brought a new focus to the marketing and pr of the company. From his days at Compaq he has a reputation as a no nonesense get the job done leader. With [IMO] the best ATM technology the addition of Energis and the work on IP and the large scale rollout of broadband services commencing this fall seems like it is soon time for NN to get the business and attention it deserves. As my TA knowledge is limited, be nice to get someone with TA expertise input. Good luck to all. If I am right we may finally get the breakout to the upside we have been waiting for. Once tired money cleared we should be on our way. Norden