GOOD NEWS - BAD NEWS
BAD NEWS: PAIR is in many respects a "fallen woman" i.e. a former high flyer fallen on hard times, "shopped around" THE STREET many times on spurious takeover rumors, and, object of a national Internet scam. Given its checkered reputation, PAIR is wounded far more by this most recent incident than its peers. What's left to damage this stock? Locusts?
GOOD NEWS: Call me a cockeyed optimist,(go ahead, call me one) but I think all of the above has now eliminated the "sunshine patriots" holding PAIR. We longs, myself at least (13 1/4) will hold based on fundamentals--PAIR'S technology story, DSL, broadband and internet growth etc. I "THINK/HOPE" that our current tribulations have eliminated a lot of supply on the upside -- if that's the case our upside momentum could be "big, really big."
I'd welcome some comments from the TA crowd on this board, almost all of whom are more knowledgeable in this area than me.
Your thoughts, folks? |
