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Technology Stocks : PairGain Technologies

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To: David Nelson who wrote (26585)	10/18/1998 3:56:00 PM
From: Rainmaker	Read Replies (3) of 36349

<<Being the king of a commodity and behind the curve on other new technologies is why PAIR has fallen so much.>> I would disagree that PAIR is behind the curve on new technologies. They introduced the Falcon chip for ADSL August 97 (development began in 96); were part of the consortium formed in April 97 to begin development of HDSL2 standards for ANSI (which has since been finalized as ANSI T1/E1.4/97-471); and purchased Avidia in 96 to develop the integration software for the Avidia Platform. They recently formed an alliance with Assured Access to provide one of the first interoperable high-end servers for ISDN/dial-up modems. IMO, these are pretty forward looking programs for PAIR. The drop in the stock price is mainly attributed to the drastic price erosion in their HDSL products and global market conditions. It's a tribute to Senior Management that they can maintain profitability in light of up to 50% price reductions.

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