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Technology Stocks : PairGain Technologies

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To: margin_man who wrote (28012)1/14/1999 11:27:00 PM
From: helkel  Read Replies (1) of 36349
 
P Any thoughts on todays move ?? A couple of things come to mind. One, tomm is option friday and there has been a lot of jan 10 volume.
2, the recent SBC and BA/AOL DSL announcements have proped up some of the DSL players. 3, The LU/ASND deal brought some interest into the sector. 4. The chart looks like its bouncing out of the downtrend and now trending higher.
I still thought there would have been a larger price move up since there was so much volume 8 million is a bunch if the move was a solid one.
i bought some options today, but not too sure where we go from here.
Without news, we may trend higher to eps release date, but i'm not sure what happens.
good luck all
NOE
hk
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