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


To: Serge Collins who wrote (8054)11/29/1998 10:53:00 AM
From: Glenn McDougall  Read Replies (1) | Respond to of 18016
 
>>Glenn: I noticed the same spread, it offers an interesting little arbitrage play. I think the
decline in Newbridge late in the day was related to the reversal in the TSE 300, which
was up earlier but fell late in the day once New York shut down. New York was
already closed so there was no way to close this gap. <<

It looks like the U.S. market is leading the way for the move on Newbridge. I was a little surprised to see the sell-off on Friday after NYSE closed without any additional news. This week should be interesting as it is Alan's wife's birthday (the day (he actually said by his wife's birthday) that Alan mentioned during the CC that he expected to see news about G1.)

Good luck to all,
Regards
Glenn