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


To: Rob C. who wrote (10410)3/20/1999 10:17:00 AM
From: Doug  Read Replies (3) | Respond to of 18016
 
Trading Junky: Well we have a stack of reasons for the slide. My comments in ().

a:Triple witching- (No reason why NN should be picked on)
b:Fundamentals - (ATM is not the panacea; need for a foothold in the IP world is finally admitted)
c:Take over of Fore: Street rumor that Fore is a take over and NN is interested; fears ; U.B Network Memories; reasoning is FORE up NN down. ( Not likely but still needs a denial to scorch that)
d:Overshoot from the 50 day/20 day ema. (Technical)

Perhaps some cut and paste Maestro will be able to identify a more precise cause and point to the way ahead.