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Technology Stocks : PairGain Technologies

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To: john p. carney who wrote (29677)	4/5/1999 9:11:00 PM
From: max power	Read Replies (1) of 36349

jpc, i don't want to incur the Wrath of Jay again...(ouch!!) but i agree with you. this is based on how pair has handled earnings in the past. Jay Buddy - i went back and checked last years earnings - they missed by .01 in three out of the four quarters. i guess that is what i was referring to when i said <it's a tradition> what was stuck in my memory was that even though pair would have positive cash flow they would miss consensus by .01 and get hammered for it. i have no idea what caused todays late sell off...it is puzzling. thomas

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