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Technology Stocks : PairGain Technologies

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To: Rainmaker who wrote (25493)	8/22/1998 5:30:00 PM
From: Gary Korn	of 36349

By the time a deal is announced later this summer or towards the end of the year, this number will hover close to $230M - $250M. This stub alone has a $3 - $4 per share value. Do you think this will be on top of the sale premium, or included in the 22 - 28 range? Rainmaker, I don't know. I bet someone else here can cast light on the cash in the bank premium issue. Anyone? Gary Korn

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