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


To: Serge Collins who wrote (7603)11/20/1998 3:40:00 PM
From: Doug  Respond to of 18016
 
S.C: The reason was purely technical. When I saw a breakout, I said so at the instant it happened.

Thereafter I anxiously waited to hear the news that had caused it. Unfortunately till the close there was no definitive news to explain it. Since the spike was not a gap up , it was necessary to determine the value of the so called rumour. As the spike was above the ema and was not explainable, I decided to pull some chips of the table and said so 20 hrs later.

I do still have 2/3 of my holdings. This does not resonate well with your accusation that my attitude is a bit hypocritical.



To: Serge Collins who wrote (7603)11/20/1998 3:41:00 PM
From: Glenn McDougall  Read Replies (1) | Respond to of 18016
 
Lets check out the volume on the final 1/2 hour. Yesterday NN moved a lot of shares.

Regards
Glenn

Hope we hold 25;)