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Technology Stocks : PairGain Technologies

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To: invest04 who wrote (4873)	6/20/1997 8:46:00 PM
From: helkel	of 36349

Stephen, others Looked at last 20 news releases of pair and going back to last qtr eps, a rise in receivables & mention of a push from pair to get their customers to place normal 2nd qtr orders into the 1st qtr (which helped them meet 1st qtr numbers) was mentioned many times in the articles which came out when pair was sliding from 29-30 down to lo 20's. then came the comments about the pricing pressures from the ceo at the conference. also, all analysts still have the stock listed as a buy. this all adds up to the fact that unless the eps on july 9 or 11 (i've seen both as release dates) are strong, it might be curtains as they say (we will all become longer term investors, hahaha). i'm still optimistic, and certainly hope that oversea sales, which haven;t been mentioned lately, might be the ace in the hole. It also seems weird that their have been no insider buyers (but many factors can affect this). Longer than ever, but very cautious cuz the chart is a crazy one, also NOE HK

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