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Technology Stocks : PairGain Technologies
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To: Purebull who wrote (19769)1/30/1998 9:40:00 AM
From: LevelHeaded  Read Replies (2) of 36349
 
Goldman analyst Breiberg has lowered his FY99 earnings estimate by $0.05 to $0.80.

Comments are:
We are lowering our 1998 EPS estimate for PairGain by a nickel to $0.80
to reflect lower expectations on shipments of PG-Flex/PG-Plus and
somewhat lower revenue from HiGain High-speed Digital Subscriber Line
modems. Our 1998 quarterly progression is now $0.17, $0.18, $0.21,
$0.24. Also establishing a 1999 EPS estimate of $1.05.

Level
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