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

To: Michael M who wrote (11661)	6/1/1999 1:38:00 PM
From: Robert	Respond to of 18016

Anyone who shorted the stock would have made money. So your comment does not make much sense. if you believe in the fundamentals, then plunge in and buy. Some of us recognize that the volatility in NN presents opportunity, and that buy and hold has not yet worked. However, the stock is capable of making moves of several 10's of percent, and if one takes a position at a "reasonable" point of opportunity, the rewards can be good. Of course, we can miss the boat, or make the wrong move. that is the nature of the game, and there is no one living that knows for sure which direction a stock will ultimately follow...Robert

To: Michael M who wrote (11661)	6/1/1999 3:40:00 PM
From: Doug	Respond to of 18016

Michael: Each Equity has its own characteristic pattern.NN has a cyclic pattern with an up leg and down leg both providing wonderful opportunities. Todate the down legs have been more rewarding in terms of return per unit time especially as the Investment has ben nil. Limiting ones skills to the Upside is akin to a self imposed restriction on oneself of near 50%. I believe the small Investor may do better if he learns to use both the up leg and down leg of any cyclic pattern stock. I believe Robert's message encapsulates that strategy too. Whilst some of us are keen to use both legs, I am sure that none of us are offended if you wish to use one only.