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

To: Doug who wrote (6787)	10/1/1998 5:29:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 18016

You have made the analytical comparison more difficult than it really is. A market sell off can be compared to a large Force against a set of like springs ( Telcom/Networking Stocks). The compression does indicate the resilience of each one against that Force. NT has withstood this attack without a new low. I didn't intend to make any comparisons difficult. I only responded to your intra-day comparisons that I felt were misleading. As for NN reaching new lows, if someone with a broken leg is hit by a hurricane-force wind, they'll have more trouble standing than someone with two strong legs. That the cast is scheduled to come off in a few weeks doesn't deter the indiscriminate battering. Nor does it matter that the guy with two strong legs has Alzheimer's --- he's still going to come out better. All analogies break down at some point, so don't go off on broken legs and senility disorders. :) BTW, I learned today that LU will be making 5 acquisitions "right away." They can't come soon enough. Later -- Pat