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


To: helkel who wrote (19610)1/29/1998 1:35:00 PM
From: ENOTS  Respond to of 36349
 
Telecommunications stocks...too bad we are not sharing in this advance!
Brief: Topsy-turvy industry put in a very strong session and is now up nearly 5.9%
year-to-date... Lucent leading the charge... Stock rallied over 2 points and is approaching
upper end of 6-month trading range... Tellabs rose 11% on surge in volume (6.5 mln
shares) in positive, albeit delayed, reaction to solid earnings news... Andrew keeps on
climbing (+1 3/4)... Stock up 46.3% in two weeks!... Also back above 200-day moving
average... Next resistance is at 33... Advanced Fibre which releases earnings today,
skyrocketed 4 1/8, or 15%, ahead of its report... Volume totalled an impressive 1.5 mln
shares, well above average... Must get above 33-35 range before buy signal confirmed...
Support in the 27-26 range.



To: helkel who wrote (19610)1/29/1998 1:39:00 PM
From: margin_man  Respond to of 36349
 
<<<sold at 17.75 which was 1/16th above bid.>>>

It looks like we'll have a rally before the close.

P.