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Technology Stocks : PairGain Technologies

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To: margin_man who wrote (25819)	9/2/1998 6:01:00 PM
From: helkel	Read Replies (2) of 36349

What scares me here is pair at $7, with $40 mill a year in cash generation, and $200 mil in cash in bank. Someone comes in with a $14 bid (it seems low, but its almost 100% premium) and poof we all are shot to hell. I usually trade using TA, and with companies that have solid fundamentals. My TA says we go lower, but the fundamentals are screaming BUY BUY. The options on this puppy are all over the place. Hold on folks, like Patriot, I believe all the real players will be back tuesday after vacation and we shall see what this bull market is made of. As for pair, we should make a bounce sometime, but where i don't know. Sorry, i can't rub my crystal ball any more (i had to sell it to eat dinner).... btw, Jay are you still out there or did you make a leap from the 2nd story of your house...??? <NOE> hk ps boy is it ever time to back up the truck ???

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