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

To: Doug who wrote (6835)	10/5/1998 12:04:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 18016

There's no place to hide in this market, even gold is getting hit on fears the IMF will sell gold to raise cash to relieve indebted countries. It seems there is only bonds and cash where you can be safe. That portends very bad things ahead.

To: Doug who wrote (6835)	10/5/1998 12:22:00 PM
From: MD Bryant	Read Replies (1) \| Respond to of 18016

Doug, sounds like your gloating. It's somewhat boring to read your predictions of a stock heading lower, when essentially, NN's downward pressure at this point in time is directly relational to the existing market conditions. Nuff said. Looks like the big losers today will be CISCO and ASND, which are WAY overvalued. On another note, CISCO, NORTEL and LUCENT could be in more hot water.... Clip from the news: FTC said probing Cisco's talks with rivals WASHINGTON, Oct 4 (Reuters) - The U.S. Federal Trade Commission is investigating whether Cisco Systems Inc (Nasdaq:CSCO - news) proposed illegally dividing up the emerging network market with two of its competitors, the Washington Post reported in Monday editions. Cisco's vice president, Dan Scheinman, told the paper in an interview on Sunday that he was confident any inquiry would show that Cisco's discussions were legal. ''We're going to work through this with the FTC,'' he was quoted as saying. The paper said executives at Cisco confirmed the San Jose company had received a letter last week from the FTC requesting details about its discussions last summer with Lucent Technologies Inc (NYSE:LU - news) and Northern Telecom Ltd (Toronto:NTL.TO - news). Industry executives told the Post that the FTC's concern was touched off by recent press reports suggesting Cisco executives might have tried to work out inappropriate arrangements with the two other firms. Cisco maintains it has only talked with competitors about building partnerships, in part to develop the standards for how future networking technologies would work together. FTC officials were not immediately available to comment on the report. --------------------------------------------------------------------------------