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


To: pat mudge who wrote (7385)11/16/1998 6:03:00 PM
From: Dennis R. Duke  Respond to of 18016
 
Changed stripes this morning. Sold ASND at $53.75 and bought NN at $21 5/8ths. Betting with you and Gary that earnings and announcements will be good. The shorts always have a field day with the insider selling that is a quarterly part of ASND. And with the insiders selling and Ashby announcing that ASND will go it alone, LU is not in the picture IMHO. So the take-over premuim is likely to come off ASND. That article just comfirms what my gut told me this morning.

Nice to be back with you, Gary Korn and the gang.

Here's to our good fortunes,
(-8 Dennis 8-)