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


To: steve susko who wrote (29541)3/26/1999 1:49:00 PM
From: tom jones  Respond to of 36349
 
To all: Here is a site that is recommending PAIR, click on the PAIR symbol for some neat charts, a few giving buy signals.
hirschorganization.com
Earnings are due out April 13 so I guess we will not be getting an earnings warning.
There is a big wedge or triangle forming on the PAIR chart. The chart has lower highs and higher lows, low volume and the bollinger bands are tightening which all point to a break out. Which way PAIR will break out is not known. On the down side we have a low of 6, people touting the stock on the yahoo board and it seems everyone expects lower earnings and just waiting for contract news. Not many big players buy on pending news. On the upside we have a high of 24, close to crossing the 50 day moving average and hope of good news coming. Here is a news article about semiconductor companies being bought out but Pairgain was not suggested.
biz.yahoo.com
Comments?
Tom