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Technology Stocks : PairGain Technologies

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To: Doug Bean who wrote (23949)	6/2/1998 2:19:00 PM
From: Laker	Read Replies (2) of 36349

I am in at 13 3/8. Last year I got in at 15 3/8 and the stock popped two points by the next morning. This issue is way oversold, just like AMAT yesterday (which I bought at the close yesterday and sold today). This is a trading opportunity that was caused in part by yesterday's front page Networking World article entitled "ADSL is a Big Mess". While I have been down on the market for sometime and while the overall trend may be down, there is an opportunity here for at least a "dead cat bounce". At this price there is downside protection for traders and investors alike.

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