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Technology Stocks : PairGain Technologies

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To: Jay Mowery who wrote (19704)	1/29/1998 5:38:00 PM
From: Joe Griffin	Read Replies (2) of 36349

1st Qtr will be flat in sales. Q1 profits will be flat, also. International sales (11%) is a mix of Campus and Hi-gain products. Russia won't generate a lot of quick revenue. Starts with Campus product. No comment about ADC, ADTRAN and PAIR market share. They got "new religion concerning customers plans, shipping, units, etc." Claimed they are not reluctant to give info. Don't interprete as a weakness. Clearly, they have changed their posture about what they can tell. "Optimistic about the next quarter and year." That is the end of the call at 5:47 EST.

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