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


To: Doug Bean who wrote (23949)6/2/1998 2:19:00 PM
From: Laker  Read Replies (2) | Respond to of 36349
 
I am in at 13 3/8. Last year I got in at 15 3/8 and the stock popped two points by the next morning.

This issue is way oversold, just like AMAT yesterday (which I bought at the close yesterday and sold today). This is a trading opportunity that was caused in part by yesterday's front page Networking World article entitled "ADSL is a Big Mess". While I have been down on the market for sometime and while the overall trend may be down, there is an opportunity here for at least a "dead cat bounce". At this price there is downside protection for traders and investors alike.



To: Doug Bean who wrote (23949)6/2/1998 2:50:00 PM
From: Bobo  Read Replies (1) | Respond to of 36349
 
FWIW, it seems as Goldman has finished with their 1mm+ share seller. We should see normal action on the stock for the rest of the day.