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

To: Doug Bean who wrote (25762)	8/31/1998 7:48:00 PM
From: Chih-Lun You	Read Replies (1) \| Respond to of 36349

Hello everyone, I do not think the recent big drop of PAIR's share price is related to its business condition and future outlook. External factors are the causes.(Mostly unrelated to PAIR's business) Therefore, I think the company should not use their rich resources to beef up the share price for the short run. I support the company to use its resources to improve its market position during this time of turmoil. When we decided to invest in PAIR, we believed in its fundamentals and its future. Just like what many PAIR investors said--"without looking at the share price, everything remains the same". Rationally speaking PAIR is extremely oversold; however, currentlly the market does not act rationally. I do not believe the RBOCs are slowing to upgrade their systems using technologies from the many telecom equipment companies we believe in due to the external factors. Therefore, we have to learn how to be patient. (Although for peope invested on margin, the toll is greater.) Just like what I said before, many of PAIRs technologies will be realized in 1999-2001. I absolutely do not support PAIR to be acquired right now because PAIR below 30 is selling at a discount. PAIR has the money to undergo the crisis and realize its future potential. We just have to wait. I still held my 10000 shares in PAIR patiently.(Mostly yr 2000 options) I do not believe PAIR will go under(although the rate its share price drop makes the investors feel pretty scary) simply because it has too many resources(cash, existing customer base, etc) I just need to wait for a loner time to realize my payoff in believing in a company that deserves to be believed in. Loyal PAIR investor.... Go PAIR...