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Technology Stocks : PairGain Technologies

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To: margin_man who wrote (23498)	5/14/1998 9:56:00 PM
From: Greg Thornton	Read Replies (3) of 36349

FYI, a copy of my email this evening to Kim Gower at PairGain (kim_gower@pairgain.com): Kim, I am a stockholder with a significant position in PAIR. It is very disconcerting for a holder of your stock to see the way it is so obviously manipulated. Almost any other stock would have soared today on the two news items that were released in the last 24 hours (the China deal and Nortel Agreement) but not PAIR during options expiration week. It was also clearly manipulated downward in pre-market trading after your perfectly acceptable earnings release last month. In this regard I have a couple of questions: 1) Has management at PairGain ever considered moving the stock to the NYSE or AMEX where at least the manipulation is not as easy to accomplish? 2) Why do you release earnings and significant news during options expiration week. Just waiting until the following week would at least quiet some of the wild fluctuations in the stock, IMHO. BTW, I hope to be present at the shareholders' meeting next month. Thank you for your time, Greg GOOOOOOO UP PAIR!!!

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