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Technology Stocks : PairGain Technologies

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To: David Browning who wrote (35927)	2/17/2000 8:43:00 PM
From: helkel	Read Replies (1) of 36349

Lots of call activity. High stock volume. Leads into an interesting day tommorrow. Feb options expire then. I agree with jpc, pair was at 18 1/2 in november, 2 months ago. I do not have faith in pair until I see relentless buying sprees by big money. Right now, without good news, i would think that PAIR will slide back after tommorrows action. Too many shorts out there. The buying spree could be at their expense (i would like to see it). Still long here, but not convinced this is not another famous pair fake out (been here since '97, too many to count). Not as long as before, but still have a few shares. Best of luck to all hk

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