Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn D. Rudolph who wrote (23935)	6/2/1998 1:05:00 PM
From: Larry Livingston	Read Replies (6) \| Respond to of 36349

Glenn, Uncertainty always creates panic. Right now the Sprint announcement has caught everyone off guard, but it remains to be seen how much of this is hype. Furthermore its likely that the local carriers will resist Sprint as this will cut into their networking business. They control the lines, which is the principal reason that ADSL has gotten such a slow start. They don't want their T1 business canibalized.

To: Glenn D. Rudolph who wrote (23935)	6/2/1998 7:02:00 PM
From: john p. carney	Read Replies (2) \| Respond to of 36349

<Larry, I agree with you. Hmmm..I wish I knew why the panic selling. Glenn> Glenn, I was here last year when the same thing happened almost at the same time. The panic selling then was due to, well, panic. There were concerns then that ADTN was eating PAIRs lunch but it turned out to be no true. In July, after earnings (which they missed by a penny by the way) the stock rose from 15ish to over 30. I believe the selling we are seeing here is blind panic, get me out at any cost selling. I for one am holding. If I have to ride the ship down to the bottom, so be it. But all that said it STILL doesn't help the pain in my stomach. John