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


To: Bill who wrote (23282)4/28/1998 1:37:00 PM
From: James Petersen  Respond to of 36349
 
Agreed, Bill the downside risk has (I HOPE) to be a lot less than the upside potential. One of these "after the close days" they're going to put something together and we're going to see a gap opening.



To: Bill who wrote (23282)4/28/1998 2:14:00 PM
From: Doug Bean  Respond to of 36349
 
Bill:
i agree, thats why i am waiting a bit more, to see if it gets back a bit.
part of the problem is every time it climbs a few bucks i think " geez, maybe this is finally it" and maybe it will take off now.
Then instead of selling i hold and it falls and falls.
I had so much faith in the company a year ago that I was willing to hold till it made "the big move".
I could have made so much money with the dollars i have tied up with this one that i hate to even think about it anymore.
Anyway I think your advise is good and i am sure I won't sell at this level ,, I consider myself a long on this stock but I am not sure where I will bail. I'm averaged in at 22 and some change for 3000 shares. Just for comparison My MCLD with 3000 shares has gone up 41,000 siince Jan 1st, while PAIR has gone down 1800 since Jan 1st.