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


To: Patricia who wrote (28177)1/27/1999 4:33:00 PM
From: stockbug  Read Replies (1) | Respond to of 36349
 
Wednesday January 27, 4:09 pm Eastern Time

Pairgain Q4 Dil Shr $0.07, Excluding Adjustment, Vs
$0.17

(This is a headline-only alert, although it will likely be followed by an article soon)

This is the Reuter's Headline on Yahoo

<The excluding phrase has me confused can anyone explain?>



To: Patricia who wrote (28177)1/27/1999 5:52:00 PM
From: Jim Ray  Read Replies (2) | Respond to of 36349
 
Is Pairgain management BRAIN DEAD? Every quarter they have 3 months to guide analysts on the quarter earnings. Every quarter they guide them a penny higher than they actually earn. Then the stock tanks again. Does it take a Rocket Scientist to figure out a nice safe earnings figure and then guide the analysts a couple of cents under that? You take your hit on the stock at the guidance time, but then it goes up every quarter that you exceed your guidance number. It is utter stupidity to revise earnings down and then still miss them! And I know that Management didn't publically announce an exact number,but the analysts didn't just pick 7 cents out of the air, someone at Pair gave out this number. I am sick!

Jim Ray