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Technology Stocks : PairGain Technologies

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To: stockbug who wrote (23598)	5/19/1998 10:01:00 AM
From: MarkM	Read Replies (1) of 36349

I'm in for 100 shares @ 17.375. Here's my logic: I'm a small-time, diversified value investor. I've played PAIR before, but only for breakeven after a long hold. Yet this has given me time over the past year to study PAIR ... I've become somewhat educated about their market, their future, their stock price, etc. I don't even want to own more than 100 shares! This keeps risk to a dead minimum while I pursue other good stocks and hold for 3, 6, or 8 months. Total portfolio is about $20K US. In fact, I don't even care if PAIR goes lower, because a person is better off to buy when things are good. If you wait until they're great you often miss it. I'm not a DayTrader so a moderate wait is no bother so long as the stock is much higher when I sell. Good trading all PAIRgainers!

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