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Technology Stocks : PairGain Technologies
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To: Hubert Few who wrote (25539)8/25/1998 11:06:00 AM
From: Spaw  Read Replies (2) of 36349
 
HF:
Stock is currently selling off with vigor.
11 7/8 x 12. Waaaaaay more down tics than up.
I'd rather be short than long this thing.
I'm long the January 12 1/2 calls, which have slipped only slightly today.
The selling is not over here. Truly. The stock will see 10 before it sees 15. Sorry to say, but as a trader that's the way I see it.
Some rumor needs to start soon for long holders to smile.

--spaw--
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