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


To: Joe Pirate who wrote (28517)2/9/1999 8:39:00 PM
From: George A. Roberts  Respond to of 36349
 
Call me crazy, but if I get taken out I make 26% after commission, not bad for a two month period. At least I get something while waiting for a turn around that may be a year or more away. I bought the shares at $10 13/16 so if my sell fills I will at least cushion the downside a little under a buck and like I said if I get called away I still make over 26% in two months. If I don't get called away I can do it again or sell. I don't think of pair as a cisco or the next microsoft but rather a beaten up old tech stock so if it moves huge so be it.
George



To: Joe Pirate who wrote (28517)2/9/1999 9:04:00 PM
From: margin_man  Read Replies (2) | Respond to of 36349
 
If I can get 35% return in two months, I will take it.
Buy at 10 sell for 13.5, it's not a bad investment at all.