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

To: Dchapman who wrote (20013)	2/3/1998 7:49:00 PM
From: jason D.	Read Replies (3) \| Respond to of 36349

Did anyone hear that big sucking sound today as PAIR moved from 18 1/16 to 19? That was the shorts and bears last gasp of life as PAIR prepares to take off. There was clearly undersupply at that level. I really don't expect to see the lo 18's again. I still expect a break of 20 this week. The market looks like it may be strong again tomorrow after the DOW bears bid failed today. If PAIR shows the same weakness tomorrow on similar strength from the NAZ then I will start to worry. However, today was not unexpected, PAIR was like a wet dog shaking off the bears from that rainy January 27th. It takes a few days to recover from a down day like that when the trend is not yet positive. Today's comeback, however, was very telling. . . I hope. I increased my call position today because I expect Pairgain 2gain. Happy Investing! -jason P.S. Captain - 18 3/4 on Tuesday . . hmmmm