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


To: Caxton Rhodes who wrote (9832)2/24/1999 9:10:00 PM
From: zbyslaw owczarczyk  Respond to of 18016
 
Clearly, someone (McLellan) is using Reuters Securities to lie about NN as much as possible. Today again they said that NN was down for others then overall market reason.

NN today has follow the rest of the market.

Analyst who declined to be identified is back again.May be he want to be fire by his employer for the third time during the last 18 months(?)

Zbyslaw



To: Caxton Rhodes who wrote (9832)2/24/1999 9:30:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
C.R: NN was up near 3% during the morning which is a measure of overnight sentiment. In the afternoon thanks to AG's testimony, the Bond auction was slow. This resulted in a Bond sell off for higher Bond yields. When the Bond yields spiked, the equity market sold off.My earlier message refers. Thereafter, NN sold down near 3% similar to the other Networkers including CSCO and Fore.

Its unfortunate that facts can be distorted. The Reuters clip does not represent the true picture of events. Whilst I have demanded better credibility from NN and tempered excessive bullishness, I must in fairness be equally alert& honest when the media has failed to portray the facts relevant to the issue.

I believe this is one such case.