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

To: margin_man who wrote (30613)	4/19/1999 5:19:00 PM
From: John Stichnoth	Respond to of 36349

I've made a rule for myself in the last couple of years of only buying stocks with real revenue histories, and hopefully profits (I've broken the profits rule only once that I can think of). That is why I chose pair. I learned my lesson after taking some positions in some early micro-cap story stocks. Almost every one tanked big time. I think about half are now under a dollar, or out of business. The only positive was it lowered my IRS bill back then. There's nothing like a solid internal earnings stream to fund R&D, instead of having to go back to external investors again and again. Could people be moving to that view? Addendum--After that last statement, went back to see how my earlier sells did today. Guess what? They broke even!, easily beating the market. Amazing.