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


To: Rob C. who wrote (9588)2/12/1999 4:02:00 PM
From: Doug  Respond to of 18016
 
R.C:Ofcourse ATM is here to stay & is not in dispute. What is worrisome to the Street is NN's lofty goals of doubling revenue by Y2K+1 & its credibility gap. For all the CC's & bulletin Board hype in their favor, they have not delivered even after changing Drivers.

The new drivers tenure has seen NN with
a: A 5 yr low.
b: The fastest depreciation of stock in 3 weeks.
c: A missed Earnings.

I am not sure how you are able to distinguish genuine BUYERS. Buyers could also include those "Short"; now covering. For an Investor,todays trading is too volatile to distinguish between the two. However a Trader is not concerned with that detail.