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Technology Stocks : PairGain Technologies
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To: Bill who wrote (23714)5/22/1998 11:59:00 AM
From: stevie ray  Read Replies (2) of 36349
 
Doubling your position is not a bad idea. There's relatively small downside left.

As others have speculated, this quarter is going to be rocky. IMHO PAIRs price cuts were a good thing (ADTRAN eat dust!), but they're going to hurt margins near term. Wouldn't be surprised to hear a earnings warning in the next two weeks.

I'm diving in @ $ 14.50!
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