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


To: Glenn D. Rudolph who wrote (23926)6/2/1998 12:50:00 PM
From: Bobo  Respond to of 36349
 
Glenn,

My guess is that McBrayer rounded up a sell side boy or two (one of them Goldman) and told them that the pricing pressure in HDSL is going to outweigh the gains in PG and ADSL/Rockwell for the qtr. My guess is that the conversation took place this morning. Goldman dumped a big client or two; I am bit surprised that H&Q and Robbie Stephens have not been big sellers.

Just a guess.

Bobo



To: Glenn D. Rudolph who wrote (23926)6/2/1998 12:54:00 PM
From: Johnathan C. Doe  Read Replies (2) | Respond to of 36349
 
13.3% in a tech stock in a few hours usually doesn't mean anything. I see drops like this every day in the techs and moves up 13.3% the next day in a matter of hours.