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

To: Jay Mowery who wrote (21890)	3/19/1998 5:37:00 PM
From: James	Read Replies (6) \| Respond to of 36349

This stock is a DOG!!! Pair will be 8 dolalrs per share by Ocotober. Take my advice and buy CD's now!!! If you must invest then buy BONDS!!! The peopleon this thread actually act intelligent but it is all a disguise!!

To: Jay Mowery who wrote (21890)	3/19/1998 5:41:00 PM
From: margin_man	Respond to of 36349

Jay, I've been using oil dipstick and it works for me! P.

To: Jay Mowery who wrote (21890)	3/19/1998 5:44:00 PM
From: bronco2	Respond to of 36349

Thanks for your view. I've got to digest what you are saying and the info from the posts Barry put up, and see if all this makes sense as far as taking advantage of it. I think right now and probably for the next few weeks the only people who will make money off of pairgain are the traders. Thats assuming no new news comes out.

To: Jay Mowery who wrote (21890)	3/19/1998 5:45:00 PM
From: William G. Murray	Respond to of 36349

Is PAIR an example of a "self fulfilling prophecy"? If everyone is convinced that the market makers will cause the stock to hover near $20 so that most of the March 20 calls will expire worthless, then it may well happen. Was it caused by the market makers? Or was it caused by so many traders expecting the market makers to move the stock down that they (the traders) refused to buy the stock above $20 and it therefore went down. I prefer not to require an understanding of both "cause" and "effect". I'm sufficiently happy to benefit from the "effect". Will the stock close at or near $20 tomorrow? Maybe not, but I'm not willing to bet against it. Good Luck to all. B.M.