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

To: larry pollock who wrote (6733)	9/30/1998 12:21:00 PM
From: Doug	Read Replies (1) \| Respond to of 18016

Larry:Unfortunately for us, Valuation is decided by the Market place and not at the Bulletin Board. In the absence of positive Money Flows, all parabolic P/E stocks are being devalued at the any mention of the S word ;be it a shortfall in revenue or Income or Plant Capacity. The driving force is not the magnitude of any anticipated shortfall. Rather, it is the Soundbyte itself that sends the Shorts into a selling Frenzy. This will be the pattern till the Money Flow turns positive. As for NN, TA trends show us headed for another retest of the low. If that holds, it could be a positive for the long term. Good luck till then.!