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


To: Charles Tutt who wrote (23918)6/2/1998 12:46:00 PM
From: Glenn D. Rudolph  Respond to of 36349
 
JMHO, of course, and not investment advice. My crystal ball is no clearer than yours.

I can see that<VBG>



To: Charles Tutt who wrote (23918)6/2/1998 1:20:00 PM
From: David Howe  Read Replies (1) | Respond to of 36349
 
2 times book value is crazy. Most companies sell for many many times the company book value.

.70 in earnings X a PE of 30 gives us a share price of 21. That is a
more reasonable value for PAIR.

The stock has traded over 1 million shares in the 13 1/4 to 13 3/8 range over the past hour. IMO it's smart money buying the panic sellers shares.

I'm buying.

Dave



To: Charles Tutt who wrote (23918)6/2/1998 3:53:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 36349
 
I know nothing about PAIR, but RDRT is trading at Book Value right now. And would not say that Read-Rite is an unknown name in the hard drive business. So stocks can fall to Book Value is my only point.

I am reading here to try an understand what hit this baby so square in the head.

Dennis