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Technology Stocks : PairGain Technologies
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To: Kenneth R Miller who wrote (5498)6/28/1997 1:49:00 PM
From: pass pass   of 36349
 
Kenneth and all, I'm looking for some reasons why Pair won't be another Adtran? Adtran is trading with a trailing PE=22.5, with a price less than 1/3 of it's 52 week high. Pair may very well be another Adtran and it's worse: Adtran is buying back their stock and Pair hasn't done sh!t

I'm not buying now, wait for the conference call and Nasdaq (network especially) correction. Look at the charts of Cisco, 3Com, they don't look good to me. The leaders are falling.

Oh, by the way, any MM's out there reading this, my buy order is set for 2500 shares @ $13.5 GTC. Ever thought that SI is a big conspiracy? Where does the money come from to maintain the server running? T1/T3 lines leasing? tons of storage to save millions of posts?

ps. Does anyone here follow PAIR long enough to remember what happened in March, 1994? The chart looks familiar
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