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Technology Stocks : PairGain Technologies
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To: AL TOTH who wrote (5082)6/23/1997 6:11:00 PM
From: Vijay Raghavan   of 36349
 
Looks like latest technique in WallStreet.
Instead of Company Preannouncing an earning shortfall, they
guide the analysts to cut the estimate and later meet the reduced
estimate !! . Either way this is an earnings shortfall preannouncement
and this explains the fall in the share price and i think the
slow blood letting will continue tomorrow!!
Vijay
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