SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: stockbug who wrote (26942)11/3/1998 12:15:00 PM
From: Greg Thornton  Read Replies (2) | Respond to of 36349
 
stockbug,

The denial could have been made in a private conversation between the analyst and Charlie (or some other representative of the company). There may not have been a public statement from PAIR management.

It is interesting that their target remains at $9, even though they mentioned both the takeover speculation and renewed interest in ADSL technology as reasons for the move. Maybe they are trying to move the stock back down so they can get in.

Also, Stephens downgrade is based on valuation only (double since Oct. 16) and they just started coverage on Oct. 9! This means that they don't have a lot of history with tracking the company, right?

Anyway, I like seeing double digits a lot better than single ones! Hopefully we can stabilize above $10 or $11.

Just a couple of thoughts...

Greg

GOOOOOOO PAIR!!!!