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Technology Stocks : PairGain Technologies
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To: Bong Lewis who wrote (23638)5/20/1998 11:44:00 PM
From: Johnathan C. Doe  Read Replies (2) of 36349
 
Bong, you are so right about this being a bad market for techs this year except for a few exceptions. You are also right that this is still a market to make money in the techs if traded. I am at a point where for the most part every time I am up in a tech I cash in the profit and look around for something else shot down. That is the way to play this market. It looks like we are going to be seeing some big drops in select tech stocks and a deflation of the tire in the others. PAIR has dropped quite a bit from its high just recently. A slow drop is just as bad as a sudden one if it is relentless. I certainly think 15 is a safe place to enter PAIR. I am must doubting that a wave of buying is close like the wave that is ending that started in January. We just ran a cycle in the techs and it looks like it is ending. Patience will be required to get good gains out of anything bought now.
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