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

To: Braddock Bull who wrote (19941)2/2/1998 2:08:00 PM
From: Marc Trombella  Respond to of 36349
 
I hate to say it, but you make no sense at all. What do you base your sell signal on? The chart looks like the Mona Lisa! A standard sell signal looks like a up spike day, followed by a day closing lower. Repeating sequence. This being the case, we should have seen this pattern start around the low 17s. You have big ones to short 10% above a recent low, NAZ at 1500 when @16. Does anybody look at fundamentals besides me? Just curious. Tellabs trading at a PE of around 29. IF PAIR gains this PE trading strength, could hit 24 soon.

Best of Luck and don't use software, use your brain.



To: Braddock Bull who wrote (19941)2/2/1998 2:27:00 PM
From: Captain James T. Kirk  Read Replies (2) | Respond to of 36349
 
With the Naz as high as it is today, don't expect much of anything if your short. There is always tomorrow. And as long as Slick Willy's "willy" is one of the most UPstanding citizen's around, a short's day could come at any moment.


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