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

To: Jay Mowery who wrote (21043)	2/26/1998 9:22:00 AM
From: Jim Lou	Read Replies (1) \| Respond to of 36349

>>But it troubles me that PAIR is floundering at this time and I do not know what to make of it? Is it being accumulated by MMs (HK?)<< I am very interested in the direction of their technology which enhances netework performance by improving what is there - the copper cables. It makes great sense especially at this time when companies are downsizing, cutting spending but still wanting high speed transmission. I am hoping them to do real good. Chart wise, if you use the 50 MA, it should be clearly seen that the curve has consistently predicted the trend of this stock. The stock price is touching 50MA currently, the 50 MA curve is rising. There is not 100% guarantee that this will continue, however, statistically, we are likely to see a steady uptrend with little pull backs here and there. Any possible evidence for this? I guess we are waiting for some news that has been due for a loooooonnnnnnnggggg time, arn't we? Actually, I thought that the little downward movement at this stage is a good thing that will lead the next move upto 25 15/16. Keep those fingers crossed.