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Technology Stocks : PairGain Technologies

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To: Jay Mowery who wrote (20358)	2/8/1998 12:11:00 PM
From: joe smith	Read Replies (2) of 36349

jay, thanks for the clarification on the 1500 bucks. if pair gaps up i will probably sell the feb 22.5's. dont know the price now, but its got to be higher than 1 / 1 1/4. i think theres a bigger likelihood that tech will be down on monday though. there was a warning from a semi equipment co on fri after the close and today hitatchi said earnigs down 70%. granted its another industry, but how many days can you remember in the last 4 months that pair outperformed on a bad day. i think asian markets have been quiet for too long and they are due to trip us up again. can't wait for the market to open. its been so exciting lately, i really miss it on weekends. js

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