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Technology Stocks : PairGain Technologies
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To: Hubert Few who wrote (5532)6/28/1997 7:59:00 PM
From: Michael H. Dragon   of 36349
 
It appears that growth company is a widely overused word.While I am long pair,700 shares and view them as being undervalued at this depressed level and plan to increase my holdings on Monday it is clear from the Soundview estimates that they and probably others see little or no growth in pair over the next few quarters.I suspect that we will have trouble seeing $20/share again in the near term but I do beleive that 6 months out we will again see pair's stock price start to rise reflecting the prospect of the growth expected in 98. Mike

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