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

To: Glenn D. Rudolph who wrote (25979)	9/6/1998
From: Bobby G.	Read Replies (1) \| Respond to of 36349

Glenn, Nice find on the DSL article. You also posted some earnings estimates from Olde. At 8 1/16, PAIR is trading at 11.5x their '98 estimate and 9.3x their '99 estimate. I have to believe that if PAIR hits their estimate this quarter (and indications from the company are that they're "on track") and gives some positive forecast for the future, the multiple will move up rather quickly. BMFM - If Friday was short-covering, wouldn't the volume have been a bit higher? Also, isn't it a positive sign that PAIR, even when the Naz and Dow were tanking, never got below the previous day's low? (Trying to find some positives).