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


To: Bob who wrote (31200)5/11/1999 2:59:00 PM
From: FirstDiogenes  Respond to of 36349
 
I agree re the short term support.

Contrarian in me says when everyone expects a buy-out it won't happen but "from your lips to God's ears." as they say. AFCI was also mentioned as a buy-out candidate. There's an interesting play. A patient man could pick that up for 7 5/8 or 7 3/4 as either a trade or a longer term position--with (apparently?????) little downside risk.

If I can ever decide on an on-line broker and get some of my profit sharing transferred, AFCI and CPU (don't laugh) would be my first candidates for big % moves in a 6-12 month horizon -- with fairly limited downside. CPU being the safer play of the two.

The Nasdaq and PAIR are up -- so we're all geniuses TODAY.

Regards, DR BOB, Professor of Shotgunology