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

To: pat mudge who wrote (5880)8/5/1998 4:38:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
Pat: When a stock is trading within a point of its support, all hell can break loose even if the mkt is up by a 100 pts.

Now that the stops are taken out, the traders are likely to rest on the near $1.5m they made today.

I usually use a stop loss when buying. In the case of NN I cancelled the stop loss 2 weeks ago for fear I would be called. The result would be 2 trades and a higher price to get back in.



To: pat mudge who wrote (5880)8/5/1998 5:17:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
Sorry about your day Pat,

I was going thru my CSCO CC notes and saw a few more items of possible interest;

-Cash on hand increased to $ 5.7 Billion, receivables to $ 1.3 Bill.
-Cisco cable products being evalled or were chosen by 6 of the largest cable firms
-customer sat up from 4.06 to 4.15
-employee attrition under 5%

To better days indeed ,

Peppe


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