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


To: P314159d who wrote (27416)12/4/1998 9:07:00 AM
From: kvogel  Read Replies (2) | Respond to of 36349
 
p314159d,
PAIR is a solid buy around 6 for many reasons but it is clear that PAIR must enlarge its critical mass either through a significant takeover or be bought out. Competing against CSCO and COMS is too much for PAIR. Also, I agree that a buyout of PAIR has probably been reduced to $12-15 range. I think PAIR's cash will keep it at the higher end. Good day trade candidate but it's always hard to predict whether to buy on the opening. I find that most "gappers" usually go about a half point lower than the opening during the first 1 1/2 hour. Good luck.

Karl