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


To: scrooge who wrote (35493)1/13/2000 8:57:00 AM
From: helkel  Read Replies (1) | Respond to of 36349
 
SORRY F^CKS selling again !! Good Timing !!! Another director also sold 20000 and gave away 3000 in November.
Maybe some stupid investor bought the shares at $18, while the insiders knew all along the stock was about to drop to $11 a few weeks later. This should be against the law.
Best,
hk
"WASHINGTON, DC, Dec. 22, 1999 (States via COMTEX) -- Benedict A. Itri
of Tustin, CA, a Exec. Vice President and CTO of PairGain Technologies,
Inc. (SYMBOL: PAIR), disposed of 50,000 shares in 7 transactions for between $13.50 - $18.13 each bet ween November 08, 1999 and November 19, 1999. Benedict A. Itri currently owns 486,444 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange
Commission on December 10, 1999. "



To: scrooge who wrote (35493)1/14/2000 2:03:00 AM
From: P314159d  Read Replies (1) | Respond to of 36349
 
I wouldn't rule out any price point past those low 20s.

The past year has experienced great turnarounds and after the inital base range the secondary peak of 1 to 2 years is next target... then the top. So for PAIR,
18 is the range for the last year with second peak mid 20s (21-22 was particualry tough before,as I recall). After that, 40s.

I simply pick the lower range and be happy. 40s? well happier. For me though that will take a few trades. check out MANU or ITIG for such turnarounds. PSFT is in the works right now. ADTN even faster.