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


To: Jay Mowery who wrote (29320)3/13/1999 10:26:00 AM
From: Tim Luke  Read Replies (3) | Respond to of 36349
 
i'm not sure if john p. carrney is short on this stock or just a grumpy old man but it is my OPINOIN the only place this stock is going is up...when i put xyln out as a takeover pick back in sept.98 it was trading around 10$...my call on this was for a mid 30's takeout price and my target date was at the end of 98....so i was off by a few months.

i have been trading pair in the last couple months but now it's a must hold for me...i bought back in at 8 and more at 9 and change...it is of course my opinion that this stock will mirror what xyln did....start moving up slowly with increased volume and options activity.....my target is mid 20's to low 30's within an 8 week time frame.

j. carney i hope you don't choke on that poison pill..HEHEHEHe

btw...all the above are only my opinion so do not base your investing on what i do ..

btw again...john carney.....i did call the xyln and asnd takeovers and lets not forget the seek/dis deal....tea leaves and crystal balls
have been berry berry good to me



To: Jay Mowery who wrote (29320)3/13/1999 9:54:00 PM
From: P314159d  Respond to of 36349
 
No problem with an opinion, that makes the chat.

>> a "Solid" pick up rather than a "Frenzied" pick up!
Exactly, the blowoff to 14 on huge volume was frenzied, this is controlled. Less consideration for an imminent buyout, which I think is a ways off if ever.

>>this may be the "conclusion" of the reversal of the long term down trend

I am bad at major trend reversal, hope you're better. I am not writing off the 8's or 6's again, just yet. Want new intermediate highs and daily downtrend break and 50 dma over 200 dma , both changing to upslope. We should be in an uptrend by then, 2 months from now and new base building between 15 and 12/13,

>>WITH a retest at least one more time.

There are retests along the way more than once. the 50 DMA where we are now, the 200 dma ,the down trend and any other resistance level thaat can fail. It is less obvious which can be a problem, more so when they fail. right now, get me past the 50 dma, but I sell some before we reach the next major level, the 200 dma. Unless we have a lot of good short term indicators going.
>>we will see a reversal in the pattern and direction of PAIR and the telecom industry.

Disagree, consolidation and change in the working environment eliminates many players. The telecom industry is strong now, but PAIR and others are left out. They must move to be in the biz or get merged. if the products aren't good enough for the market this year they are in big trouble next. Pair is much like FORE in this way. Not all these cos. survive. AFCI and PRMS also have trouble ahead
>>Desperate Need" for breadth in the overall markets, for the overall up trend there to continue!
Just like last year! i think it is partly true. We are always vulnerable for a run like last year in Sep/Oct due to the high PEs and bad whatever statistic can help trigger it. But if the fundamentals change or ADSL becomes reality in the form of contract. It doesn't have to blow out negative. Still the NAZ is looking precarious up here and a quick down side would take PAIR back down form the 50 dma.

>> Also the small and mid cap stocks have a bullish cycle...of about every 5 years...this trend is overdue at this time!

I give up on the small cap phenomenon of years ago, because of the fundamental change in the economy and globalization of business.
I ask a simple question to anyone: Name me a solid small/medium growth company in Japan or the far east or Europe that can compete against the bigger competitors.

Don't take this as naysaying PAIR. PAIR just has limited time to put forth a plan to become a winner independent of the competition. Or get merger. Gee that was too much! I still want to be on the right path like the rest of ya, just getting more cynical from my own experiences.