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

To: DWCraig who wrote (34856)	11/22/1999 9:07:00 PM
From: john p. carney	Read Replies (1) \| Respond to of 36349

The first two points I still believe in wholeheartedly. Although I unloaded some PAIR at 12 and change for some CS at 17, I still have the bulk of my position. I saw the tremendous volume that pushed PAIR above 15 and thought I would stick around and see how it pans out. Although I am not the T/A expert that Doug Bean or Doug R have proven themselves to be, neither am I a virgin when it comes to reading a chart. The chart still looks decent.....even if the management still sucks. Sooooo, I'll stick around a little bit more. CS announced the sale of Flowpoint to EFNT today for 13.5M shares of EFNT stock. CS paid something like $25M for the 25% of Flowpoint they didn't own a while back. Their EFNT stock is now worth over $1B. EFNT rocketing up almost 18 bucks today. CS is now the largest shareholder in EFNT. What an awesome deal by CS management! CS only went up a buck today. I'm wondering if the street has really caught on to the implication of this deal. Watch CS, I think it could really catch on fire. John