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Technology Stocks : PairGain Technologies

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To: Tricky Ricky who wrote (19488)1/28/1998 10:14:00 AM
From: Marc Trombella  Read Replies (1) of 36349
 
I've noticed that PAIR has a trading pattern very similar to ADTN. ADTN was trading towards a low up until earnings annoucement. It then traded up 6 points. I still think any downside from here is low. AT 25% expected growth, this stock will not trade below a PE of 25 for very long, if at all. Earnings should be in line.
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