SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PairGain Technologies

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rusty who wrote (5432)6/27/1997 6:58:00 PM
From: stockbug   of 36349
 
You are right it is at a bargain price because it only is trading at 27.48 PE. But isn't it strange how companies like QCOM trade at 103.57 PE at prices at 51+. They both have apprx. the same ranking in the Telecom Equipment Industry 56 and 53 out of 137 respectively according to Zacks. Even based on future earnings this one should be trading in the upper 20's to be conservative if QCOM is trading where it is trading based on future earnings. Wouldn't it be nice if the street would value profitable companies with the same guage letting winners trade at prices higher than those who loose money like WESTEL then I would really be surprised.

Now what I have been told by my broker, who spoke to their analyst, is that in PAIR's case even if they miss earnings slightly (a penny) it is the fact that they can assure the street that the pricing pressures have stablized that is going to push the price back up. Or simply a good forward looking statement that will calm the pricing pressure fears. I think most of you will agree this makes sense.

I hope I have relayed the info correctly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext