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Technology Stocks : PairGain Technologies
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To: Carmine Cammarosano who wrote (5366)6/27/1997 2:19:00 PM
From: Tricky Ricky   of 36349
 
I think we will see some positive movement as a result of the July 9 announcement based on the following assumption:

The stock has been played with by the MMs over the last couple of weeks so they could cover options last week and now so they can clean up their portfolios for quarterly announcements this week. After July 1 the stock should begin it's upward movement as the MMs look to get good returns and don't have to worry about window dressing. As this happens, a good earnings announcement will continue the push higher and then bring in the momentum players to push it even farther.

It may sound like to rosey of a picture but it seems to make a lot of sense with the way the stock has traded lately. If I am right we could all do well. Good luck!!

TR
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