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Technology Stocks : PairGain Technologies
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To: Glenn D. Rudolph who wrote (23935)6/2/1998 1:05:00 PM
From: Larry Livingston  Read Replies (6) of 36349
 
Glenn,
Uncertainty always creates panic.
Right now the Sprint announcement has caught everyone off guard, but it remains to be seen how much of this is hype.
Furthermore its likely that the local carriers will resist Sprint as this will cut into their networking business.
They control the lines, which is the principal reason that ADSL has gotten such a slow start. They don't want their T1 business canibalized.

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