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Technology Stocks : PairGain Technologies

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To: Tony Harper who wrote (4523)	6/17/1997 8:55:00 PM
From: Dr. Jeff	of 36349

Solomon report is posted @ 4466. My wisper # is .49 And the stock will respond by going to $62 per share! Oh wait, that would be if they did a 1 for 2 split! LOL Actually, I think .21 (blackjack). Sounds good to me! Why should earnings matter though? None of these tech. companies actually PAY a div. Besides, AOL is over $60 a share, and they are yet to make a dime! Westell is 24+ with losses! Gee, what is their P/E ratio? HMMMM, makes you wonder! I guess a profitable company making MORE money than it did 3 months ago should naturally sell for half of what it did 3 months ago! Right! Sure! Sounds Logical! I think that a downgrade is in order! I mean hey, It was upgraded to strong buy when at 35. It should have been downgraded at 15. Isn't that how it works? Someone is confused! Is it me? Did I forget my medication today? OOPS..................

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