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Technology Stocks : PairGain Technologies

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To: Susan Saline who wrote (25732)8/27/1998 9:29:00 PM
From: Berney  Read Replies (1) of 36349
 
Susan, Why is it to get street smart, we have to go through the hampster diet? PAIR is the only non-Big Boyz stock I play (well, almost).

A friend I'm working with went into F last Fri at $48 but was fortunate to get out at $50 1/2. We had a re-entry point of $47. Needless-to-say, it blew through that level.

In fact, Lisa suggested we talk when I noted I'd gotten into PEP a little above $37. While I wasn't looking -- ouch! However, the nice thing about the Big Boyz, you can have confidence that they are not going away.

The problem lately has been that the trends, support, etc. have been getting crushed. I couldn't believe it when I saw UTX in the 70's. But, that's the way its been going.

You should consider joining some good folks on the Intel Trader thread.

Berney
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