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Technology Stocks : PairGain Technologies

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To: trouthead who wrote (5420)6/27/1997 5:05:00 PM
From: jas cooper   of 36349
 
Looked back for news on PAIR since last qtr. Only good news. Stock went down after upside surprise due to bullshit about days receivables and backend loading. Every time I hear the term "backend loaded" all I think about is the analysts with their backends loaded.

My opinion:

There is a great deal of concern over the high multiple given this stock. Toward that end, investors have backed the P/E off to the mid twenties buy lowering the stock price.

There is nothing wrong with the company, and a price of 25 is easily in its future. If earnings are good, you'll have to wait about a minute. If earnings are flat, you may need to wait a bit longer.

As for talk here affecting the price, I don't know where stockbug is looking, but all I saw were posts that the stock could only go up when I bought.

(for the count, long 3,000, avg price 17 1/2)
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