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Technology Stocks : PairGain Technologies
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To: Berney who wrote (27227)11/20/1998 10:36:00 AM
From: Greg Thornton  Read Replies (2) of 36349
 
Berney,

I think it is premature to call PAIR DOA when they still show positive earnings and are putting money in the bank. Look at companies like WDC and MU -- they should be worse off than PAIR but because they are likely to lose less money next year than they did this year their stocks have gone through the roof! What PAIR needs to make the investment community happy is a couple of losing quarters so we can grow out of it!

Seriously, you must have noticed that the frequency of rollouts of xDSL by RBOCs and CLECs has increased lately, and even if PAIR only gets some of the business this will lead to EPS growth.

Greg
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