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

To: stevie ray who wrote (23499)	5/14/1998 8:01:00 PM
From: Stan Walker	Respond to of 36349

Stevie, I don't know if this is significant but I follow the size of the float as it is recorded at Yahoo. At the beginning of April it was 43 million, now it is listed at 52.5 million. That's alot of shares for the market to absorb. Also, I've noticed that sometimes it takes the market a couple of days to react to positive news especially when the stock has been in a decline. I think that the fact that with very heavy volume the stock closed above 18 may be very important from a technical standpoint. I believe now is as good a time as we're gonna get to buy PAIR. Regards, Stan

To: stevie ray who wrote (23499)	5/14/1998 9:54:00 PM
From: Mike Whalen	Read Replies (1) \| Respond to of 36349

Hey- not so fast. "Those big blocks WERE'NT always going at the bid". There was a 100,000 block at 12:45:08 PM that went at 18 1/8 - which happened to be at the asking price. This is a great time to write the 17.50 puts, or to get the checkbook out and do some shopping.