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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Roy F who wrote (1645)9/10/1999 5:00:00 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
Thanks Roy

15:07 ET Pairgain Technologies (PAIR) 12 3/4 +2 1/4 (+21%): Dain Rauscher Wessels upgrades developer of high-speed Digital Subscriber Line technology from "buy" to "strong buy" rating; has a 12-month price target of $22. Upgrade comes one day after Briefing.com's extremely bullish write-up on the stock. See yesterday's Daytrader Column.

DJ Pairgain Up 22% On Talk of MCI WorldCOm Contrart

Talking about it in Chat rooms


I bought some near close today and am familiar with it already as I traded it's IPO day and the following day as well. The TA suggests it could be a $15 to $18 stock this coming week if the markets stays OK.

It is also OK longer term with the newly issued $22 target and the brokerage upgrades today from BUY to STRONG BUY.

I noticed a bid size at close of 51,000 shares which did not execute because the sellers were few. I hope this makes for at least a good open Monday.

Vendit