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Technology Stocks : PairGain Technologies

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To: Tricky Ricky who wrote (5359)	6/27/1997 2:09:00 PM
From: Carmine Cammarosano	of 36349

I am not saying that the earnings will be bad...but if you think the earnings will turn the stock around, NOT! The only thing that will turn this stock around is confidence in future earnings...MU reported their best earnings ever on Dec. 15 1995, however the stock had already gone down a lot(just like PAIR)and investor were saying those Dec. earnings "wait until earnings come out in Dec!"...and even after reporting their best earnings ever...they proceeded to go down another ~50% over the next 6 months...Give me the future visibility for this company and I will give you a prediction for the stock price...

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