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

To: Gary Korn who wrote (26660)10/23/1998 9:17:00 PM
From: Jim Ray  Read Replies (2) | Respond to of 36349
 
Thanks Gary. My other dumb question is: If the shares are reduced and the earnings stay the same, would not the EPS move up. And wouldn't a higher EPS tend to move the stock price up?

Thanks in advance for your thoughts, I will go back to lurking, this being my semi-annual post. <GGG>

Jim



To: Gary Korn who wrote (26660)10/23/1998 11:06:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 36349
 
Correction.

Upon reflection, I realize that I may be mistaken about the increase in shares outstanding due to employee stock options. This statement was made in either the XYLN or PAIR conference calls, but I can't recall which. I've been listening to too many lately. Sorry for the confusion and possible error.

Gary Korn


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