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


To: Doug Bean who wrote (22984)4/15/1998 4:48:00 PM
From: Mikeh  Respond to of 36349
 
Hey Einstein, I'm on your side!



To: Doug Bean who wrote (22984)4/15/1998 5:04:00 PM
From: Daniel J  Read Replies (4) | Respond to of 36349
 
To the thread:

Actually, being taken off of Goldman Sach's recommended list may be a good sign -- Pairgain was put on the recommended list on 10/30/97, when PAIR was about 27 or 28 (after having been around 31 earlier in that month). Since then it basically went straight down to around 15 in January or so (I'm working from memory here, so don't quote me!) and since then has recovered about 40%.

Anyone blindly following GS recommendation has had a wild (and unprofitable ride) -- Buy high! Sell low!

Good luck to all.

Dan (long PAIR, along with my children, father, and god-child...)