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Technology Stocks : PairGain Technologies

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To: Joe Pirate who wrote (24152)6/4/1998 1:40:00 AM
From: neko  Read Replies (1) of 36349
 
Pirate, First of all I am one of your biggest fans. Sometime ago I asked folks where you were, but now your back.

And so am I.

On Monday, I loaded up at $15 1/2... Ooops

We all know what happened Tuesday... Anyone know what happened to the $14's....

Because I believe I am a true genius and never make a bad call. I immediately set a massive buy at the market open on Wednesday. Sorry folks, yes that was my fault ALONE that had the market open at 13 5/8 instead of the close of 13 1/8 from yesterday. Gomenasai... oops... I'm very sorry to all of you for doing that.. well, OK admit it, their must have been a whole ton of us GENIUS's with the same idea. Greedy XXX's that we all are.... Show me the stinkin money.

So now I own 3 Megashares.

The best of this whole thing is that Pairgain actually came out with a response to market movement. I've never seen them do this before and I've been around since IPO. They stated what I felt and the 10-K shows quite clearly. It costs like $21,000 for (1mile or 10000 feet) of fiber optics, but copper costs $1,200. That cost is what PAIR feeds on and targets with its products.

Let them Blimey Sprints lay out massive fiber networks, it only increases the demand for the "last mile" which they hafta put down in Copper... and who unclogs that bottle neck.... Kiss my pair.

prrr,
neko
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