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Technology Stocks : PairGain Technologies

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To: Jim S who wrote (35046)12/3/1999 1:33:00 PM
From: helkel  Read Replies (1) of 36349
 
There is no good. Only SUX. It seems as if the move is good news, but now there will be another (HUGE) charge to take soon. This screws the EPS picture even worse. But (wrt the pr from a year or two ago) so many of PAIR's employees are millionaires, they will probably enjoy the retirement. Regardless, the Mexican's will work for about 10 % of the cost of a Tustin worker I guess. Should push margins up.
Maybe Pascoe has a clue (he's been there almost a year now) but damn, LETS GET SOME SALES TO REFLECT THE GOOD MOVES ON THE BOTTOM SIDE AND ANNOUNCE THE DAMN THINGS PRIOR TO OTHERS.
PAIR still SUX
good luck
hk
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