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Technology Stocks : PairGain fundamentals

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To: Will Fancher who wrote (22)	12/1/1997 10:54:00 PM
From: Clam Clam	Read Replies (1) of 36

>>Do you know what time the conference call took place, who it was with, and if it is possible to hear a recording of it. It took place during market hours (stock went up and down after the call and finished about flat with where it was when the call began). It was with management hosted by Goldman Sachs and I don't think there is a recording. I wasn't on it but got the lowdown from someone who was. Nothing new happened. I think Goldman recently started reccomending purchase of the stock and wanted to get management's voice heard to GS clients so that investors could hear what the most recent guidance is. PAIR is comfortable with analysts estimates for next few quarters but admits visibiltiy is limited. I think they are cautious but estimates already reflect caution so $.85 EPS looks like the right estimate for 1998 right now.

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