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Technology Stocks : PairGain Technologies

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To: Bong Lewis who wrote (23638)	5/20/1998 10:26:00 PM
From: Doug Bean	Read Replies (2) of 36349

Bong: I still hold ADCTi figure its got more room to run but it may be a little slower than I thought. Its just a hell of a strong company so i figure I can't lose with it. PAIR is a tough one for me. I bought last time it was at 16 7/8, then I bought at 22 and again at 24, then i bought some thru a put at 17 3/4. Anyway after all that and all that time here I am down some 12,000,, nice huh? I think PAIR is a good solid company and will come back ,, maybe even this year. The trouble with it is that it has fallen out of favor with the brokers and has also become a "traders" stock . As soon as it tries to mount any kind of a rally, 700 people jump in to make a dollars and a quarter instead of letting it run to its natural top. So anyway this is one I am stuck in for a while. Pity, there are other places i would rather have my money CRDoug

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