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Technology Stocks : PairGain Technologies

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To: helkel who wrote (27369)12/3/1998 3:57:00 PM
From: Rainmaker  Read Replies (1) of 36349
 
<<ING Baring Furman Selz downgrades telecommunications products supplier from "buy" to "hold" and lowers estimates as Bell Atlantic shifts purchasing preferences in Q4.>>

One question to reflect on is why it took almost 2 months for this to happen? BA awarded the contract in mid October.

Buy on downgrades, sell on ups.

Do you think Nikos bought when he downgraded a few months ago, only to sell when we saw low teens?
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