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Technology Stocks : PairGain Technologies
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To: john p. carney who wrote (4676)6/19/1997 9:17:00 AM
From: Rick Smith   of 36349
 
John: Bollinger Bands are converging. You're correct. Very Important!
When they converge you will generally see a big move up or down very shortly thereafter. I wish I KNEW the direction myself, but an educated guess would certainly be in the UP DIRECTION, giveen the FA discussions about 150 posts ago. We hashed out all of the pro's and con's of their technology, earnings potential, and competition. The one area that I always look towards (when I'm buying on FA, which isn't very often) is a company's sales force. You can have the greatest R&D team on the planet, but if you don't have a sales force, things can get tough until you figure out the problem and remedy it. Just ask Pete Maddsen at FSCX!
Maybe someone here has a contact in the industry that couldfind out how they're doing and where the primary sales people came from.
Good Luck to us all during the Triple Witching Extravaganza!!!!!Rick..
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