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


To: To_A_Million who wrote (26951)11/3/1998 1:12:00 PM
From: stockbug  Read Replies (1) | Respond to of 36349
 
You are missing the point. The Company has made no public comments other than they know of no reasons for the rally yesterday. I wish they would confirm where the analysts got their info from. If it was not from the company it would prove once and for all the credibility either way of these analysts.

If Piper Jaffery feels 9 is fair value then the company should be earnings a total of 10 cents a year not 75 cents. That 9 dollar value is what makes me more suspect of Piper Jaffrey's analyst.



To: To_A_Million who wrote (26951)11/3/1998 1:16:00 PM
From: Greg Thornton  Respond to of 36349
 
Nixon,

Making no comment is not misleading. They just need to be consistent about it. It's not like management started the rumor -- they should have no comment either way!

Greg