Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tricky Ricky who wrote (26865)	11/2/1998 6:12:00 PM
From: Joe Casey	Read Replies (1) \| Respond to of 36349

Shorting PAIR is definitely risky, I just happen to see more potential downside in it. If it goes to 20, I'll short more..I'm not going to tie up a lot of cash in this position. If it drops back to 10, I'll cover. I just happen to think that this stock will eventually settle back down to 10 or lower. If I have to watch it go to 20 or higher, so be it. I just don't see the buyout potential above 13. Anyone who wanted this company would have plunked down an offer of 10 when it was at 6 and change, not above 15. When CIEN comes back down, I'm looking for PAIR and AFCI to do the same. It might not drop back down right away, but I can wait.