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

To: pat mudge who wrote (6937)	10/10/1998 8:42:00 AM
From: nord	Read Replies (2) \| Respond to of 18016

In a down market the tax loss selling is like a tidal wave that sweeps over the market. NN is a solid company with many assets both intellectual and contractual.It is trading at or near its 52 week low and is a great candidate for people to offset any gains. It's during times like this that unbelievable bargains can be had [once a cycle]. One persons pain is another gain. This stock is profoudly anemic. With news, reasonable earnings, and resolution of some of the fear that is currently gripping the financial markets this stock will sell for a multiple of current price. So unless you need the money now sit back and smile. If you need to cash in now I am sorry but I thank you for the opportunity to buy a quality emerging telecommunication mutual fund at a fraction of its value. (mutual fund) based on all the spinoffs CKEYF etc. Regards, Norden