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


To: Luc Glinas who wrote (5621)7/21/1998 5:49:00 PM
From: Doug  Respond to of 18016
 
L.G: A sustained up on the buy out rumor and a collapse when rumor was presumably denied.

Welcome to the roller coaster.



To: Luc Glinas who wrote (5621)7/21/1998 8:19:00 PM
From: pat mudge  Read Replies (1) | Respond to of 18016
 
Maybe but we were up more than 1$ at almost 4:00 and suddenly down, down down. Maybe the dow had some problems but IMHO something else affect NN, news that we don't know yet, the drop was too sudden it was not a gradual drop.

Luc --

I spoke with the company and was told there is no reason for the stock to be weak. With the Dow and Nasdaq both plummeting, chances are someone got weak knees and bailed. I take these dips as gifts from unseen gods and add to my position.

Later --

Pat




To: Luc Glinas who wrote (5621)7/22/1998 9:32:00 AM
From: notredame  Read Replies (2) | Respond to of 18016
 
Probably program selling.