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Technology Stocks : PairGain Technologies

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To: stockbug who wrote (22933)4/14/1998 5:03:00 PM
From: Doug Bean  Read Replies (1) of 36349
 
Stockbug:
Whatever it is i hope they wait till after Friday to say anything.
trying to change the price to above the 22.50 now is like pissing into the wind,, the MMs can smell the blood in the water and they can sell down enough shares to keep it below there or possibly even 20 so that they can keep the money. After that the price can rise on good news. hell it might rise on demand anyway. 8 million shares,, you gotta be kidding. To move that many shares and not fall further than we did says something.
i for one am not happy,, but i am also not worried,, I wasn't going to spend the money today anyway. My sales target time is about mid summer of 1999, so thats the price point i am concerned with .. So far so good.
CRDoug
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