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

To: Jim Ray who wrote (26661)10/23/1998 9:25:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 36349
 
My other dumb question is: If the shares are reduced and the earnings stay the same, would not the EPS move up.

Yes.

And wouldn't a higher EPS tend to move the stock price up?

You only asked for an answer to one question. I've run out of answers! <G>

Best,
Gary Korn



To: Jim Ray who wrote (26661)10/24/1998 11:01:00 AM
From: margin_man  Respond to of 36349
 
And wouldn't a higher EPS tend to move
the stock price up?

Only if a higher EPS is computed from the number of outstanding
shares before any buy back. Current stock price is already
priced in the buy back. This doesn't mean that PAIR won't go any
higher.

P.


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