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


To: Ian@SI who wrote (7520)11/19/1998 5:12:00 PM
From: Glenn McDougall  Respond to of 18016
 
Ian, I totally agree with your statements (including Pat). Nothing has been released by Newbridge or Global One. The value of such a contract is in question and the % of which Newbridge will derive is still a issue as well.
We all can have a little fun but lets keep things in perspective.

One comment that needs to be made is the large volume that Newbridge traded in Canada and the U.S. and the breakout from the $25 U.S. range bode well for the stock over the long term. (Doug, I think you will agree).

The comment about Ascend is of interest as they were down 1% when Newbridge was up 11%. Perhaps someone might comment on the option movement on the two stocks. Could money be moving from Ascend to Newbridge?

Regards
Glenn