PairGain Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PairGain Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cyrus Mashhoodi who wrote (18135)	12/29/1997 9:58:00 PM
From: Ralph E. Daugherty	Read Replies (2) of 36349

Cyrus, I got this info off of the Yahoo BB: <Subj: Pairgain Technologies tape action By: ValleM Date: Dec 25 1997 4:36 A.M PST Reply To: Msg. 67 by csl1616 I've been on wall street 14 years and follow this stock very closely having spoken with management 3 times in the last 2 weeks. I have the same concerns as the other shareholders. This is what I came up with. -------The runup into early october highs was partly due to the much better than anticipated launch of the new Flex products, to keep it simply sales started very strong then leveled off. Because of the fierce selloff since October and the slauterling of Technology stocks, this leveling off was the only interpretation of weakness and with the market conditons the stock corrected sharply. Now to put this in prespective the launch of new products ie: Flex is still better than expected and should contribute 8 million to this quarters revenues. The precieved leveling off is typical of a new product starting up and was only incremental to begin with. The second reason for the weakness was that a Wall street research firm Westell put out a false report saying Pair lost the BellAtlantic account. THIS IS TOTALLY FALSE as was most of the comments in the report and the company was duely reamed by management for the false reporting. ------As for the quarter revenues should increase by 8% which is in line with analyst estimates and earnings should exceed estimates by the same 1 cent per share as last quarter. These numbers are very good because this is an ever expanding market with tremendous growth potential. Pair has total shares outstanding of about 75 million thats float, insider stock, and options. As for insider sells, Totally in line For top executives to sell stock towards the end of the year and hopefully it will happen every year. One out of ever five Pairgain employees has become a millionare because of there stock. Lastly because the stock is trading significantly below its January 1997 price the stock will remain under presure until after the first of the year then I would expect it to increase sharply into the earnings annoucement.> I don't know how to do all this copying from one place to the other but I have to try to learn. The information sounds good... GO PAIR, SGR, LSI and LSU (How bout them Tigers!)!!!! red

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next