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Technology Stocks : PairGain Technologies
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To: Chuzzlewit who wrote (5523)6/28/1997 10:20:00 PM
From: Vladimir Zelener   of 36349
 
<< I am curious as to the rationale behind those who have shorted this company. Is
there any fundamental basis for the shorting, or are they just playing on uncertainty?
I suspect the latter. Is there something I've missed?>>

I did not short PAIR and do not know the reasoning of those
who did, but maybe the problem is that PAIR technology is very
quickly becomming out of date due to the ADSL development. I
include PAIR in the group of xDSL companies and if you look at their grafics you will see that Westel, Aware, Orckit, Alkatel in
the last 3 months nearly doubled, while PAIR was steady going
down.
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