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Technology Stocks : PairGain Technologies

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To: margin_man who wrote (20019)	2/3/1998 10:10:00 PM
From: TwoBear	Read Replies (1) of 36349

First, does anyone think that PAIR will make any acquisitions this year? Is a bid for Netspeed out of the question? Second, what was the 2.5 million dollar Settlement income related to unusual trading losses in 1996? If you discount this one time income event from the 1996 earnings. We actually saw a 27% increase in quarter to quarter earnings (basic) instead of a 5 % decrease. Or, for you diluted fans, a 13% increase instead of flat earnings in quarter to quarter. 2

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