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Technology Stocks : PairGain Technologies

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To: Spaw who wrote (24677)	6/23/1998 11:35:00 PM
From: Eugene M O'Donnell	Read Replies (1) of 36349

SPAW et. al, No mention of Chuckie on the CNBC website. Only guest slated for that time slot so far is CHMN and CEO of ETEC systems. Hope the hype on the CNBC thing is true, but I can't seem to find any factual basis. Does this mean the buyout rumors are the same sort of fantasm? Who knows. My opinion is that the recent run-up is fueled by more than just rumors, since we have seen some pretty massive volume, and we blew past resistance at 18 like it was cardboard. Don't forget that we ran up like this to near 24 before the last earnings report, only to bust down below 20 when the news came out, and then begin the long, grinding crunch/collapse down to 13! Timing is everything, and the Bollinger Bands say time to sell. FWIW, GENE

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