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


To: Robert who wrote (8249)12/3/1998 8:19:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
Robert: Except for the G1 delay, NN's strategy to tightly cascade the announcements of their many excellent Contract wins had been very advantageous. Since a herd is always driven further by momentum, we would have made a new high had G1 been included.

It is likely we will now ride on the 10 day ema and perhaps spike if that news is released within the next few days.

The global good news is that Countries of the EU have lowered rates albeit for stabilizing the EURO. Though we broke thru the 9000 support the next DJIA support is at the 8700 level. The expectation is that this should hold up in the near term.

Good luck.