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


To: john p. carney who wrote (30256)4/13/1999 8:12:00 PM
From: Dave Twibell  Read Replies (1) | Respond to of 36349
 
Own a little of this company long term, and traded it several times today. For those interested, the big buyers today were Montgomery Securities (MONT) and Glodman Sachs (GSCO). MONT in particular held the bid almost all afternoon in the face of some pretty determined selling. Might want to watch MONT and GSCO in the morning for to see if they are buyers (in which case something might be up) or sellers (in which case they got duped like the rest of us). Carnage may not be too bad (this may be wishful thinking) given that a lot of PAIR's problems are already priced into the stock and high-speed internet access is still a very hot area right now. Good luck.

Dave