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Technology Stocks : PairGain Technologies

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To: Greg Thornton who wrote (23230)	4/24/1998 12:41:00 PM
From: David Nelson	Read Replies (2) of 36349

>>> Why are you buying PAIR in a downtrend, when we all know it will probably go down to at least $18 1/2, if you are in it for a quick trade only? <<< Thanks for your kind words. I went long PAIR at 19 3/4 for the same reason I bought CPQ at 23 3/4... A quick pop. I might have jumped in too soon though!. I'm still convinced that PAIR is good for a short pop, and am considering doubling down on PAIR. I got out of CPQ at 28.5. Too soon? Maybe, but who knows. I pocked the dough though. Why are you holding PAIR if you know it's going down? --Dave

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