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Non-Tech : Amati investors

AMTX 1.460

-6.4%

Dec 12 3:59 PM EST

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To: Norman Klein who wrote (16760)	5/6/1997 5:49:00 PM
From: Ken M	of 31386

Read this and then look at PAIR price and volume today. PALO ALTO, Calif, May 2 (Reuter) - PairGain Technologies shares skidded for the second straight day as market sources cited continued concern about comments made at an investor conference Thursday regarding possible price competition. The share closed down 1-7/8 at 20-1/2 and was the fifth most actively traded issue on the Nasdaq market, with nearly 10 million shares changing hands. The share closed at 26 on Wednesday. Market sources cited investor concern after the company said in a presentation to a Hambrecht & Quist technology conference Thursday it could see competitive pricing pressure. PairGain CEO Charles Strauch was not immediately available for comment on Friday. The share traded as high as 42-1/2 in January. For what it is worth Ken M.

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