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

To: thebeach who wrote (9174)	1/27/1999 1:05:00 PM
From: Rob C.	Read Replies (1) \| Respond to of 18016

Beach, Hardly any volume, look for late buying and a close above $38.00. Regards, Rob

To: thebeach who wrote (9174)	1/27/1999 8:04:00 PM
From: Dennis R. Duke	Read Replies (3) \| Respond to of 18016

I am not a chartist! So what I say here may not make any sense. But look at the chart below: iqc.com What I see is the stock took a rest in the early $20's, late $20's and appears to be following the same pattern here in the mid to upper $30's. Earnings are in a little while and it may need to rest as long as it did (Sorry, I don't have the chart open, but as I recall it was about a week and a half.) in the uppers $20 range before stepping out to the upside again. It is also possible that the market, which is far less educated on this sector than the readers here, got the FORE COMs rumor as bad for NN. When we all know that ATM is not just ATM, but that there is more to it then that. Hope this makes sense to you, and if it doesn't I'd enjoy reading someones thoughts that are more educated than mine on what this chart shows. Later, (-8 Dennis 8-)