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


To: margin_man who wrote (20041)2/4/1998 12:14:00 AM
From: JPM  Read Replies (1) | Respond to of 36349
 
My take...

ever since this summer, when PAIR initially traded in the teens, I have tracked it's performance relative to CUBE... and I think there seems to be a correlation, namely that PAIR trails CUBE in its price action by 2-3 days... this has been fairly accurate for about the last 5 months... given the strong performance of CUBE today, and the fact that it experienced a mini breakout, I would expect PAIR to do the same either on Thursday or Friday... So I expect PAIR will close at or above $20 by Friday... that is my fearless forecast, and we shall see what happens...

Jp