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

To: Dave Baker who wrote (24595)	6/23/1998 1:19:00 PM
From: Chicago	Read Replies (1) \| Respond to of 36349

It looks like a 125,000 share sale went through at 18 1/2 that drove the price down to 18 (not enough buyers), but buying has resumed and price will climb back up...the saga continues. Best Regards, Chicago

To: Dave Baker who wrote (24595)	6/23/1998 1:20:00 PM
From: helkel	Read Replies (1) \| Respond to of 36349

ALL: isn't tommorrow pair's annual sh meeting..??..sure hope strauch keeps the momentum going (he has stuck his foot in mouth many times) . this pm would be ideal for an announcement as would any time. also, ericsonn seems to have about 2-2.2 billion in cash which would be ideal for buying all my pair for $28-35..... can anyone confirm the meeting tommorrow, cuz i know the topic will come up. thanks hk

To: Dave Baker who wrote (24595)	6/24/1998 12:01:00 AM
From: Street Walker	Read Replies (2) \| Respond to of 36349

market makers PAIR was trading at 18 7/16. Then Goldman Sachs came off the bid (he's the axe) and the stock dropped immediately to 17 7/8 where he dropped too. Then he improved the bid and it took off again. Goldman Sachs has been covering his short position for the last few days and trying to go long. He really wants PAIR shares. Don't give them to him. He was even pushing the bid at the very close. It was fun watching only Goldman on the bid (18 7/16) against 22 other marketmakers on the ask (18 1/2). Goldman's stance broke right through all the resistance. It was cool to watch the most powerful marketmaker in action. Goldman is breaking all the resistance levels. He will squeeze anyone who goes short. S.W.