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Technology Stocks : PairGain Technologies

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To: scrooge who wrote (35777)	2/3/2000 4:40:00 PM
From: Larry J.	Read Replies (2) of 36349

Interestingly, PAIR was upgraded this A.M. (9:47 EST) to a STRONG BUY by Joe Noel of Pacific Growth. He nailed the number @ (.05) and $51.5M in revenue. Not that I'm complaining, as I'll take a STRONG BUY any day, hour, or week, but it is a bit surprising that he didn't wait a few hours to get the actual rather than sticking his neck out in advance. It's a great report, I'll post detail later if noone else has by then. But suffice it to say that he calls PAIR a "bargain" at current prices and set's an "easy" 12 mo. target of $22. Hopefully us long-term longs will finally get the reward we so deserve. LJ

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