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


To: Jules Shear who wrote (8914)1/9/1999 1:04:00 AM
From: Dennis R. Duke  Read Replies (1) | Respond to of 18016
 
It is just an opinion, but the Russell was up equally with the NASDAQ. My mid and small cap stocks performed much better than my larger caps did, including NN.

Therefore, I think (IMHO) that we are beginning to see a broadening of this bull market. With the Dow at 9,600ish, and P/E's where they are, more money going into the "names" may not make sense here. So we may be seeing money going to the internet crazies, small to mid cap and the "names". Unfortunately, NN does not fit any of those for this minute.

But when we get some more news to drive NN up, I believe it will respond appropriately and rise to meet our expectations. This sector is hot and the infrastruture to support the internet will require this one to grow.

IMHO only, Dennis