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Technology Stocks : PairGain Technologies

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To: Jay Mowery who wrote (26811)	11/2/1998 3:47:00 PM
From: Dale Knipschield	Read Replies (3) of 36349

Just had a thought. The end of October marked the end of tax-selling for mutual funds.....since we are now in November, they may just be putting their newly-generated cash to use. Should bode well for PAIR ovr the next year if they all see it as a great buy. I'm havig some of the same experience with a stock I own called PSEM. Same situation, great fundamentals, but badly beaten down over the last sevral months. It's up 15% today though on heavy volume.....must be the funds buying. Hope they have a hell of a reservoir of cash! Regards, Knip

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