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

To: zbyslaw owczarczyk who wrote (9648)	2/14/1999 6:45:00 PM
From: Doug	Read Replies (1) \| Respond to of 18016

Z.O: I would request you to review the facts and leave aside those visible bursts of emotion. In January, Investors were concerned about earnings for the next Q. In reply to their fears, your observations are at post #9214 . As a trader, I was wrong to ascribe the importance I gave to it.Further,the discussions on this Board related to the Stock price of NN and not its ATM derivatives since none exists. Our Market system is a daily tussle between the BULLs and BEARS and the chart shows how the tussle went; not me or you. This Board is used extensively by small Investors who cannot afford large mistakes. In January last year, we had a similar downturn quite contrary to expectation & followed by another repeat this year. Naturally Investors in NN relative to other Techstocks are upset at the declines. I have now in a period of 2 years, seen 2 serious declines offset with very little gains(thanks to a partial hedge).I am therefore keen to avoid a third one. It is therefore necessary to flush out all the cobwebs so that others like me who have been thru these declines can arrive at a better hedging strategy this time around. My record will show that I have been consistent in my maxim of always encouraging new members to BUY low and SELL high.