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Technology Stocks : PairGain Technologies

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To: stockbug who wrote (24121)6/3/1998 9:37:00 PM
From: john p. carney  Read Replies (1) of 36349
 
<Unusual for them to comment on how cheap a stock is.>

Unusual for them to say ANYTHING even remotely positive on any stock I own :0).

I noticed a lot of griping yesterday about how management is always silent in the face of huge sell-offs. To tell you the truth I agreed. So it was very nice when I signed on a couple minutes ago and saw PAIRs press release today. Hopefully we've seen our 52 week low and can recover from here.

I've done a lot of thinking about PAIR and I don't know if PAIR will be a multiyear high-flying growth story. I do believe that before 1998 is over we will see PAIR in the mid to high 20s and I may take my leave of this stock at that point.

John
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