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Technology Stocks : PairGain Technologies

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To: DWCraig who wrote (21855)	3/19/1998 12:27:00 PM
From: David Nelson	Read Replies (2) of 36349

>>> Well, you may be right, but 7.8% in one day isn't exactly a yawn. <<< You neglected to mention that the stock fell 9% in the 2 days previous to the announcement, and even more from the previous week. And where is it today? The movement was a net loss? Please get real with your figures. PAIR still hasn't broken its downward trend. The street doesn't like this stock, and hasn't for quite some time. In the current two month hi-tech and NASDAQ rally, PAIR has done diddley squat. You can't wish the stock up. In PairGain's defence, the street doesn't like the sector either except LU and CSCO. --Dave

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