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

To: Doug who wrote (6930)10/9/1998 12:29:00 PM
From: Rob C.  Read Replies (1) | Respond to of 18016
 
Is the next support at $12.00?? Seems crazy that the stock was $25.00 last month, announces a repectable quarter, the SBC contract and we are talking about support at half the market value???

Just thinking out loud here.

Rob



To: Doug who wrote (6930)10/9/1998 1:37:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
Doug,

Good point about large caps recovering first. CSCO, INTC, DELL, MSFT are all up substantially today.

NN,CIEN, XYLN (all of which I own !!) still flat.

I suspect that a week-end acquisition announcement by LU will revive mid-cap tech stocks next week. Some are trading very close to book value !!

Cheers,

Peppe



To: Doug who wrote (6930)10/14/1998 3:47:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
All: The downtrend for NN started in Oct,97. Sadly, a year later the trend line has still not been broken.

Does any one have any time frame when this may change.?


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