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


To: Doug who wrote (10423)3/20/1999 6:23:00 PM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 18016
 
Why speculate on something you do not know(NN and its product, design win etc). As a trader you shoud know that when price goes up on strong volume, with lots of monster blocks buying at market(institutions)it is positive sign.Drop in price on low volume with absence of large blocks, specially in options day in not a sign of of weeknes as mesure in at least weeks or months.
The only people who were selling yesterday where people for whom NN is just a ticker symbol and trading tool. The people who do not know ( or sometimes pretend do no know) anything about the company. The people who will seat quiet when stock is moving on fundamentals, but rising alarm when stock goes down when entire market goes down.
Finnaly the people who short stock, like you Doug.

Good luck to you "investment"
More you and others short NN the higher the stock price will go in not to distant future.

Zbyslaw