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

To: Serge Collins who wrote (9848)2/25/1999 6:25:00 PM
From: Short A. Few  Read Replies (1) | Respond to of 18016
 
Consensus from FORE thread seems to be that purpose of conference call was misunderstood in the market; actually another acquisition and write-offs. Also, FORE threaders seem to think FORE is now ready to talk to carriers, isn't that NN turf?

Comments appreciated!
Short



To: Serge Collins who wrote (9848)2/25/1999 6:29:00 PM
From: Hagar  Respond to of 18016
 
The problem with trying to use the price of a stock such as Fore as an indicator is that when a stock is beaten down, stays down but fundamentally is still in the game, you get Contrarian investors playing with it. This certainly creates a price action dissimilar to more momentum stocks (NN is not necessarily a momentum play).


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