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

To: Mark who wrote (25419)	8/18/1998 12:43:00 AM
From: margin_man	Read Replies (1) \| Respond to of 36349

<<<Early last year we hit a low of 14 and it bounced all the way back to over 30. No luck this year. >>> Mark, That was when the techs were still flying. The market sentiment was still bullish then. The market was up 25 today, but 8 out 10 stocks I'm watching were in the RED today. Patriot P.S. EFII looks good for daytrading tomorrow.

To: Mark who wrote (25419)	8/18/1998 2:31:00 AM
From: Rainmaker	Read Replies (1) \| Respond to of 36349

DAQ was up, but decliners led advances by 25:18. Big boys up raising the market number. Trend is still decliners leading advances. Look at the big picture because the indices only include a limited number of stocks. To reiterate Bobby G. and Pirate's message, PAIR will have it's day. Look for significant moves UP in September. By November, we will likely see 20. This week, we have options expiration, so there are a lot of traders moving in to cover options they wrote (Calls and Puts). 5K and 10K trades represent 50 and 100 options contracts. Look at cboe options listing for PAIR, there are several hundred, if not a thousand options interest. The trading may be to cover naked options.