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

To: Jim Ray who wrote (27243)	11/21/1998 10:49:00 PM
From: P314159d	Respond to of 36349

Hello Jim, I make myself out to be that astute trader such as yourself. Did the great stop-loss money management technique with VNTV (that is, stop trading it and lose money on it instead). What makes you do that? I still question that one all the time and can't figure why I didn't dump early on! But if you got PAIR at 21.5, you should be able to easily reduce your basis below the ever important long term support of 15. I started with VNTV at 23.5 and got it down to 10.5. Figure to be profitable next year, if they don't screw up again. And honestly, i have traded that one rather poorly 3 out of 5 times. Maybe your lesson to your grandchildren will be one of long-term profitable investing and averaging down when necessary, or... Maybe it will be a lesson in stop-losses. Either way, I hope they listen! Good luck!