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


To: Joe Pirate who wrote (29527)3/25/1999 8:23:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 36349
 
pair will have it's day in the sun very soon....fore first then pair



To: Joe Pirate who wrote (29527)3/25/1999 9:01:00 PM
From: William L. Vu  Read Replies (2) | Respond to of 36349
 
Sometimes this strategy work; other times it is costly.

WDC used this method for buying back shares. It works out very well initially while the stock is going up. When their business hit a slump, they were forced to buy back shares when they can least afforded. At the same time, their book shows a loss in investment.

A double whammy.