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

To: Valery Portnov who wrote (24112)6/3/1998 2:07:00 PM
From: margin_man  Read Replies (2) | Respond to of 36349
 

I'll be happy to see PAIN closes at where it is now. Otherwise,
some of you will get my PAIN shares cheap. <g>

P.



To: Valery Portnov who wrote (24112)6/3/1998 2:22:00 PM
From: Berney  Read Replies (1) | Respond to of 36349
 
VP, I'm not concerned by yesterday's actions. Hopefully, it
represents a final blow-off to get this bear garbage out of its system. In my analysis, which I mentioned earlier today, there were 52 down days where PAIR had more than 3M shares sold over the last two years. What was interesting is that in the 30 cases where the stock sold off below its moving average, it was back up the next day 85% of the time. The time to worry with PAIR is when the sell-off occurs above the moving average. In this case, the PAIR investor will not see that closing price for two weeks of longer 30% of the time.

Just some Trivia. TA says bottom fishing on PAIR can be hazzardous to your financial health.

Berney



To: Valery Portnov who wrote (24112)6/3/1998 7:47:00 PM
From: Paul Winston  Read Replies (3) | Respond to of 36349
 
I bought yesterday. 1000 @ 13 3/8 and 500 at 13. That's more than I had planned on buying, but the price was/is very good.

However, I expect techstocks to do poorly for the next 2-3 weeks. Pair may easily go back down to 13, especially on low earnings or poor book-to-bill. I expect that it will take 6 months to a year before the price will reach my sell point.

Paul.


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