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Technology Stocks : PairGain Technologies
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To: Doug Bean who wrote (23334)4/30/1998 11:33:00 PM
From: stevie ray  Read Replies (2) of 36349
 
A summary of the H & Q conference:

PairGain

Sparsely attended, dull presentation. With declining margins, managers interest seems to be waning. Although a leader in installed T1 lines, PairGain also has 700K DSL lines installed. As such, it is not valued as an ADSL play, apparently since the success of one business hurts the other. In any event, we were surprised at how little interest was shown by the attendees in this once hot stock. When the bloom is off the rose, it shows.
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