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Technology Stocks : PairGain Technologies
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To: kormac who wrote (24419)6/18/1998 11:31:00 PM
From: Berney  Read Replies (1) of 36349
 
Seppo, excuse me, but where are you getting your information that 70% of the S&P has warned the street. That is absolute, unadultered BS or I'm Rip Van Winkle and cannot hear or see. I assure that if 70% of the S&P had warned, we would all be picking through garbage cans and Pirate's parrot would be history! I consider this to be one of the most irresponsible posts that I've ever seen on any SI thread.

PAIR's problems are totally unrelated to the industry or the product. The stock is suffering because of a perception that PAIR cannot compete in a market dominated by Cisco and Nortel. My little ten Jan contracts say otherwise.

The street simply wants to see that PAIR's earnings for this quarter are within reason. The short-term problem is totally related to volume. When the volume picks up, so will the stock price. In the meantime, PAIR has a great basing pattern.

Your obvious bet that PAIR is going down is absurdly transparent. Good luck on your investments.

Berney
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