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

To: pat mudge who wrote (6940)	10/10/1998 12:41:00 PM
From: nord	Read Replies (1) \| Respond to of 18016

Pat Sorry if you felt my post was directed at you. MY posting etiquette is not what it needs to be. I was merely posting my thoughts about NN weakness in a Bear Market. I have no doubt that NN will come around and am in fact increasing my position in this and several other beaten down companies whose core businesses are so good but are being punished by the fear running wild in the markets. There will not be a worldwide recession. The inflation rate is near 0 if not outright deflationary in the commodity world. The fed has plenty of room to lower short term rates and to the observer the plan to clean up corruption and hidden problems in the other markets of the world is well under way. There is plenty of room for growth in China and throughout SE Asia and Latin America. With real interest rates hitting a 30 year cycle low and interest rates coming down this is as stimulatory as it gets. This may be a rough earnings quarter but it is presenting a tremendous opportunity to those with a 12 month time horizon ie an investor not a trader. Pat Regards and best wishes to all the women in your life and especially the bride!! Norden