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NET 232.87

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Nov 7 3:59 PM EST

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To: Chuzzlewit who wrote (5715)	9/2/1999 9:49:00 AM
From: AlienTech	Read Replies (1) of 6021

TUSTIN, Calif.--(BUSINESS WIRE)--Sept. 2, 1999--PairGain(R) Technologies, Inc. (Nasdaq: PAIR) today said that it has reached a tentative agreement with the United States Attorney's Office to plead guilty to willfully failing to set up adequate internal accounting controls so that its books and records would accurately reflect the nature and value of the Company's investments in 1995 with Jay Goldinger and Capital Insight. Pursuant to the tentative agreement PairGain would also pay a fine of $1,000,000

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