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Technology Stocks : PairGain Technologies

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To: john p. carney who wrote (36233)4/19/2000 3:10:00 PM
From: David Nelson  Read Replies (1) of 36349
 
Every once in a while I stop by and read a few posts to remind myself why I sold Pair and never looked back.

It's discouraging to see that nothing has changed on this thread in 3 years, and Pair's management still has problems. You guys are still losing money on this dog and then complaining about it.

There was a time to "backup the truck," but that time is long gone. Pairgain squandered any chance it had to be a player years ago (while I quadrupled my money in CSCO and LU--AOL was an 8 bagger).

Pair is still over 8 points below where I unloaded my truck years ago... and the whiners never stop complaining about these guys.

Adtran, which sent Pair into it's plunge 3 years ago, left Pair in the dust, and Aware (the nobody) trades 60% higher than Pair, even after its huge drop from over 67. I see, looking around that WSTL is still losing... figures.

Sorry for raining on your parade guys. Some stocks are destined to be perma-cheaps and Pairgain is definitely one of them. WSTL is running a close second.

Oh well, just my 2 cents worth. I'll stop by again in a few months to remind myself again to buy good companies with a future... It's good therapy!

You can take john p. carney's statement to the bank, "it is carved in stone."

And for you newbies to Pair, it's worth taking a second look at other "good" companies before you plunk your hard-earned money down on this one...

Good luck!

--Dave
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