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

To: kvogel who wrote (27434)	12/4/1998 9:17:00 AM
From: margin_man	Read Replies (1) \| Respond to of 36349

I just keep hearing people are saying 6. Where does this number come from? Yahoo!? Does anyone have a thought that the bad news already factored some into the price? That's why PAIR can't head above the low teens while the Naz rallied into a new high. CS's warning two days ago was different. Stock was on the run up and everyone expected the company was going to make profits. Obviously, it wasn't. So the stock got hit hard. P.

To: kvogel who wrote (27434)	12/8/1998 9:55:00 PM
From: P314159d	Read Replies (1) \| Respond to of 36349

If I had more time I might follow your day trade advice, but i have found that trading buys can be done based around value if you are patient enough ( not 180 days but more than two weeks unless timed well) and willing to accept that you won't get the big win only some of it. I think this trading method is working because so many people momentum play and skip the fundamentals. The biggest problem is seeing the absolute bottom, but even a secondary bottom with some averaging works great. My example is CLFY, in Aug @ 11.5, Sep @ 8 must be it, then Oct hits 7. Now it breaks all its charts in 2 months to 22. (mind you I was not genius enough to buy into CLFY during each of these lows, I wanted to and waited) And waited until in days it hit 14 and I buy and got lucky for a quick ride, but the ones who bought the base made out much better based on value. At least I hope so since VNTV is the crater that I have to deal with and now is the time to start accumulating that one for '99. There are others in the telecom world basing out just the same as PAIR, better in fact.