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

To: margin_man who wrote (28184)	1/27/1999 5:07:00 PM
From: porcupine --''''>	Respond to of 36349

I'm not hearing a new management. I'm hearing the old management with a new team member -- on board for the past few weeks. The two are not the same. They seem to be counting on prices not continuing to fall for their main product. But, that hasn't been the case with a lot of chip-based products.

To: margin_man who wrote (28184)	1/27/1999 5:10:00 PM
From: G. H.	Read Replies (2) \| Respond to of 36349

All, I have held Pair for a little while, and IMO, these numbers are about what was expected. That said, the stock will most likely sell off tomorrow, but I wouldn't expect it to close below 9, if so oh well. Pair will do well by the end of the year, if they do not merge first, and if that happens, we will get a premium from these levels. I am not concerned with short term fluctuations here as there are a number of ways to make money, my favorite is to write covered calls and sleep at night. Take care Henry