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Technology Stocks : PairGain Technologies

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To: Serge Collins who wrote (26956)	11/3/1998 2:23:00 PM
From: RockyBalboa	Read Replies (1) of 36349

No, it it always the same story with that lame analysts. Maybe, there were some houses cought on the wrong side, so they scare the people out. Not before having sold zillions at the market top yesterday evening. The problem is, when a stock has had a run like that, it becomes a target for momentum short selling. I didn't dare to short PAIR into the run yesterday (although a short a lot, usually), but it was brought to me by others. It can fall to 9 quickly but then it offers a buy opportunity, provided an ongoing strong market. C.

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