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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Cyrus Mashhoodi who wrote (18135)12/29/1997 5:54:00 PM
From: Chicago  Read Replies (1) | Respond to of 36349
 
Cyrus,

I hope your right, but the volume today
on Jan 30's was 1,050 and on Jan 35's
was 1,000. The last price on each
was 1/16 and 1/8 respectively. If you do
the math on each, the 1,050 contracts of Jan 30's
would be $6562.50 and the 1,000 contracts
of Jan 35's would be $12500, not very much
money in the whole scheme of things. So
I'm not sure if its much to get worked
up about (although I would love to see each
of those contracts be worth say 3 or 4 dollars
each by January 16th). Just a thought.

Regards,
Chicago



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




To: Cyrus Mashhoodi who wrote (18135)12/30/1997 8:58:00 AM
From: Bob Howarth  Respond to of 36349
 
Be lucky to get 30 in takeover.