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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Sosmartinov who wrote (34652)11/16/1999 2:05:00 AM
From: Doug R  Respond to of 36349
 
RE: PAIR and the overall technical profile....this stock is definitely "on the map".

Doug R



To: Sosmartinov who wrote (34652)11/16/1999 1:10:00 PM
From: David Howe  Respond to of 36349
 
<< RE: PAIR and I-Watch....there is no indic of massive selling after hrs.....the ask at 8pm EDT is 16 1/4. Could that chart mean there were just a lot of people trying to sell at an out of range price? >>

The Thompson site was indicating that there is a single very large seller in the mid to upper 16s. I'm sure there are others as well. Today's trading kind of confirms that.

I'm bullish on PAIR, don't get me wrong. It's just that we will meet some resistance at this level. With the strong volume today, it's obvious that there are buyers out there that are meeting the selling pressure. IMO, eventually we will get through the resistance and see additional new 52 week highs.

Good luck.
Dave