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Technology Stocks : PairGain Technologies

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To: john p. carney who wrote (35687)	1/29/2000 1:16:00 AM
From: P314159d	Read Replies (1) of 36349

Looking for another entry here. I had to bail because I feared a margin scare and we got it. PAIR simply failed the last move, but can ... A. do an aboutface right in this area for a double bottom or, B. do a lower low ala last down draft to around 10ish (I think someone else pointed that out last time we broke 12). Indicators point to B for me, so I wait. But if in PAIR here, you have to see that even this downdraft coupled with the fundamental game going on with the sale of assets, that PAIR is way better than cash or bonds or half the NAZ mkt. Best of the DSL lot maybe not, but still a compelling play for a buy , turnaround or magical DSL contract ( they are coming out more frequently now). Remember TLAB in no uncertain terms said that they were in the market to buy a company and it will exceed 1b. purchase. unfortunate that with ECIL stock failure, they are more attractive to TLAB now. But on that note a little PAIR, ECIL, and NN just to be sure is an easy portfolio for this year. Hell they may ALL win a turnaround. ADTN/PAIR bet still on JPC.

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