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

To: kvogel who wrote (27506)	12/7/1998 10:25:00 AM
From: ENOTS	Respond to of 36349

******************************************************************** ANALYST ANTICS. Talk about traveling in a pack. Today, the race was on among brokerage houses to downgrade Pairgain as quickly as possible following last night's announcement that PAIR would miss fourth quarter estimates. Pairgain fell $2 1/32 to $7 1/32 today. So if PAIR was a buy at a higher price, why isn't it a buy now? Want to know why? Analysts' performance stats are based on how their stocks perform (Wow!). But if a company like PAIR warns after the close, as long as the analyst downgrades BEFORE the market opens the next morning, the numbers can still look pretty. Do you think that's screwy? You can't get out of YOUR stock at yesterday's closing price, so why should they be able to get out of their recommendations? ********************************************************************* Amen, Yes, OK and truly RIGHT!!!!