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


To: Greg Thornton who wrote (27541)12/9/1998 11:39:00 PM
From: John Ritter  Respond to of 36349
 
I like the attitude of this thread and decided to exit AWRE and load on PAIR. Seems a good play on new technology connectivity with the recent downdraft created a buying opportunity. The AWRE run made me a bit airsick, and while it may run higher my preference is for companies going through technology changes. Recent examples include RDRT. Obviously there is risk here but the earning, abet weak, do seem to lend one to stake a position for a six month or greater hold, perhaps longer. The 'pill' didnot cause any downdraft today so I increased my position, usually these go away on a takeover anyway, and if anything encourage a friendly takeover. Although I have no opinion on the prospects of a takeover. I would prefer a gradual return to the 30s wishfully thinking but a run to 12 or 13 would be very nice. Best of luck to all holders.