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Technology Stocks : PairGain Technologies

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To: Alex Raytselsky who wrote (27785)	12/29/1998 1:38:00 PM
From: Philip W. Dunton, Jr	Read Replies (3) of 36349

I am looking for some advice on this stock from anyone who can be objective and has good knowledge of PAIR. I realize that being objective rather than gloomy is difficult when it comes to any stock down from 40 to 7 over the past two year. I purchased some PAIR at this level in October, rode it up to 13 and back down. I am now considering adding to my position, hoping for a tax bounce over the next month or so. Is there a fundamental turnaround in the offing or is the only hope a buy out? Is there much risk at this depressed level? Any insightful comments would be very much appreciated. Thanks. Phil

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