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


To: pat mudge who wrote (9023)1/13/1999 9:49:00 AM
From: Ian@SI  Respond to of 18016
 
So far, in Real Time, price is looking better than I'd expected.

In Toronto, NNC dropped to 48 on the open and has recovered to above $50.

In New York, a similar recovery from the open seems to be underway.

It appears that the initial wave of Market Sell orders has been met with a more rational view of NN's prospects and reality...

FWIW,
Ian.



To: pat mudge who wrote (9023)1/13/1999 11:30:00 AM
From: Dennis R. Duke  Respond to of 18016
 
Yes, I am glad I am here. From Real Time screen, the market is down in all fronts and the acquired and its nearest competitior are up, with the acquiror doing its usually downward motion:

$INDU - 9328.96 -145.72 9471.34 9213.10 51.8M 8:22 Jan13
$TRAN - 3145.67 -60.98 3202.50 3085.21 5.67M 8:22 Jan13
$COMPQ - 2309.06 -11.69 2309.76 2206.19 8:22 Jan13
$RUT + 421.85 -5.51 427.36 412.64 8:22 Jan13
$ADV + 543 8:22 Jan13
$DECL + 2351 8:22 Jan13
$OEX - 611.26 -5.23 616.49 598.35 8:22 Jan13
# Stocks (NYSE, AMEX, NASD)
Symbol.0 H.44 T.57 Last.15 Change.10 Pct.55 TSize.33 Bid.7 Ask.3 Vol.34 High.13 Low.17 Time.31 Date.11 .41
ASND 14 - 79 11/16 +4 3/4 +6.3% 15.0K 79 11/16 79 3/4 21.2M 80 71 5/8 8:22 Jan13
LU 10 + 103 -4 7/8 -4.5% 1.00K 102 13/16 103 12.6M 108 96 8:22 Jan13
NN + 35 3/8 +5/8 +1.8% 100 35 5/16 35 3/8 1.17M 35 3/4 32 1/8 8:22 Jan13

Losers are 4.3 to 1 winner on the NYSE, and NN is going up and touched $35 3/4 as a high (up a $1). The NASDAQ was off as much as 115 points. But with ASND's action, bellweather INTC's earnings and the capital coming to market, who knows what is next.

Later, Dennis