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Technology Stocks : PairGain Technologies

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To: Rainmaker who wrote (26590)	10/18/1998 5:01:00 PM
From: Brad Ruffin	Read Replies (1) of 36349

<<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.>> That might have something to do with it but I think the drop in stock price can be mainly attributed to the market in general. Compare the chart of PAIR to the following charts: SPX (S&P 500); the DJ30; the Nasdaq Composite; the Wilshire Small Cap Index; and Oh my gosh -- even the BKX.... Do you see any similarities? ;>) Better yet, let's take the labels off........... can you tell me which is which???

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