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


To: Paul A who wrote (27703)12/18/1998 5:42:00 AM
From: Mike McFarland  Respond to of 36349
 
re Huge short position...

Is that really so? And if so, maybe there
will be a couple chances before year end
where, in thin trading, PAIR is pushed down
for the shorts and option holders? I'd sure
like to get back in--would have repurchased
when it dipped below $7 on Wednesday, but was
not watching the charts. On the other hand,
I'm up a bit trading this one...maybe that is
as good a fortune as anybody has made with
this stinker, and I shouldn't press my luck:-)

Hey, by the way, I am getting some sort of
level II via etrade now, really cool to watch,
not that I know how to interpret much of the
information. Anybody who happens to be with
etrade, and trades too much and is therefore
eligible, should sign up, pretty neat. I was
like a deer in headlights yesterday, watching
the bids but unable to act, what a shame.

Anyway, if that previous post which said that
pair ran on Sprint ION news...I wonder if
there will be much follow through. So does
Pairgain get a lot of Sprint business? My Value
Line is not especially useful on that. I for one
would like to see pair come back to me around $7
...just hate chasing things... On the other hand,
momentum seems to be the way everybody plays these
days, and it does look as though things are finally
on the upswing.

--Insomniac Mike