Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peppe who wrote (6732)	9/29/1998 4:17:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 18016

For the time being, I don't believe that anyone can accurately say that NN is moving in the right direction. NN is a $20 stock, well, somewhat less today. Someone here had predicted that several contract announcements were to be made known at the time of the recent shareholders meeting. Well, no announcements. There was a prediction of positive comments being made during an analyst's meeting. Well, nothing occurred. Someone made the observation that NN has lots of great assets. So what! Great assets are great if properly deployed and effectively used. Great assets require great managers, right? No matter how optimistic everyone is here, or at least trying, the fact is that NN is a $20 stock. TM can tell shareholders that NN is undervalued, and he can repeat his assertion all day long, but, as I have already stated, NN is a $20 stock, and nothing appears likely to change the outlook anytime soon. I have been a shareholder since November 1995, and like everyone else here, very frustrated with NN over the past year. Good Luck everyone.