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

To: Glenn McDougall who wrote (6579)	9/16/1998 6:50:00 PM
From: Peppe	Respond to of 18016

Glenn, <I am not a NN employee and have been to a greater or lesser degree a NN shareholder for the last 7 years> How'd you do ? Are you up, down, do you trade, buy and hold ? <"Irrational exuberance" what a crock perhaps one could have made the case in 1997 when NNC was $95 but not now.> Given NN's pathetic track record, I was referring to the remarkable positive vibes on this thread. <A smart fellow once said buy LOW and sell HIGH. Peppe not the other way around.> Agreed. I actually bought a some NN at $ 19.5. I wouldn't touch it when it traded at $30. How about you ? < This offers investors a cheap entry point into a very good networking company that has lots of upside potential. > We agree again, although this statement makes sense only if you are buying NN for the first time. What if you bought at $ 95 ? Still a good idea to get in ? What's your target price for NN in the next 12 months ? <You should know (as I am sure you do) that Newbridge has been the subject of takeover talk> Yes, that's one of the reasons I own NN stock. Thanks Glenn, good post. Peppe