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Technology Stocks : PairGain Technologies

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To: bronco2 who wrote (34878)	11/23/1999 5:36:00 PM
From: Larry J.	of 36349

Dain Rauscher Wessels (George Notter) MAINTAIN STRONG-BUY AGGRESSIVE RATING. 11/23/99 (9:13 am EST) We spoke with PairGain management for an update on December-quarter business trends and current progress with Avidia. December business should look much like September-period results. Management remains very encouraged by Avidia. The business should generate between $2 - $3 million in sales during December, with a ramp in the business expected next year. We continue to rate PAIR shares strong Buy-Aggressive based on the strength of the company's Avidia DSLAM story. OT: Added RTHM (Are they a PAIR customer?), QWST, ALTR, and EGRP today. Larry

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