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

To: margin_man who wrote (20277)	2/6/1998 6:11:00 AM
From: porcupine --''''>	Read Replies (1) \| Respond to of 36349

Patriot, & all: Dilution pollution --???> Someone wrote the following: > By the way, WSRN is showing the increase in [PAIR's] shares outstanding to be > 75.458M at 12/31 vs. 68.577M at 9/30. Frankly, this caught me somewhat > off-guard. Are you familiar with this increase and what caused it? If > true, no wonder the stock was under pressure in the 4th quarter. Anybody: Is this increase due to options being exercised &/or shares being authorized for future acquisitions --???>

To: margin_man who wrote (20277)	2/6/1998 8:36:00 AM
From: joe smith	Read Replies (1) \| Respond to of 36349

patriot, thanks for the clarification. my thoughts when selling the calls yesterday was that i felt the overall market had made a nice run and is due for a pullback. granted pair just started moving, but the last two times i was close to breakeven, the stock pulled back. i have no intention of buying the calls back at a loss. if pair keeps on going my other shares will enjoy the ride. if we do pull back with the market, i will buy them back for a profit. this rise in pair is the most encouraging ive seen in a long time. pair finally coming out with news and there has been strong volume associated with this up move. go pair, just take a dip first. js