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Strategies & Market Trends : IcyGual- Show Me The Money -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Park who wrote (13)7/14/1999 4:25:00 PM
From: Mr. Park  Read Replies (1) | Respond to of 29
 
<-----Bought PAIR at 10 9/16 and 10 11/16

Just read a few reports and PAIR has some AVIDIA contracts not yet named to the public.

These contracts should prop the stock up a bit unless its Sprint and /or MCI.

In that case I will be happy with 20 a share. A analyst also cited PAIR as a good takeout candidate due to its technology and relationships with RBOCs.

I think the stock is a pretty big risk and most of today's trading was done by institutions. If management was smart they would announce who the contracts were signed by. In any case 10 1/2 held up very well and I am surprised it didn't drop more.

Reason could be to let institutions out or it could be because they know a little bit more than we do...a little bit.