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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: TwoBear who wrote (20025)	2/3/1998 10:26:00 PM
From: Jay Mowery	Read Replies (1) \| Respond to of 36349

TwoBear, That 2.5 million on, unusual trading losses, was a recovery of money that PAIR had some some institution investing for them. The money was lost by the institution on some bad bonds? I'm pretty sure. If you remember the big scandle when PIER-1 lost like 100 million the same way! It was the same outfit that burned PEIR-1. I'm sure of that! PAIR went after them to recoop the money. I think the initial amount was something like 15 million. PAIR sued them. Regards, Jay