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

To: Mikeh who wrote (21902)	3/19/1998 6:38:00 PM
From: bob jaremsek	Respond to of 36349

News Alert from Orange County Business Journal via Quote.com Topic: (NASDAQ:PAIR) Pairgain Technologies, Quote.com News Item #5822400 Headline: COMMENT ====================================================================== Let 'em in As Ian Fried reports on page 1, high-tech firms in OC and across the country, desperate to hire talent amid a shortage of workers, are urging Congress to ease up on visa limits so they can bring in more foreign technicians. Sen. Spencer Abraham, R-Mich., has responded with a bill that would do just that. Fried didn't have time to canvass the entire OC Congressional delegation last week, but he did get hold of spokesmen for Loretta Sanchez and Ron Packard. Sanchez's spokesman said the Garden Grove Democrat favors an easing. "She believes the high-tech industry is in critical need of engineers," he said. The Packard spokesman said the Oceanside Republican will probably oppose it: "Whether it's Haitian boat people or computer programmers, it's still more people." Parochial political considerations could well be the prime motivator in both instances. Sanchez has thrived by portraying Republicans as immigrant bashers, and Packard risks political capital if he appears to be anything but staunch in fighting to tighten the Mexican border. But politics is also about making distinctions, and this one looks easy. Whatever their motivation, Sanchez is right on this issue, and Packard is wrong. Name Game The national media hasn't yet picked up on the "Tech Coast" label, a problem that the Business Council's Tim Cooley discusses on the facing page. But, as Cooley notes, the tide may be turning. Most notably, national magazines are one by one discovering Southern California's technological prowess. The latest example is the March 9 Forbes, which has a story on how former aerospace workers are spawning or contributing to new companies in the region . "California went from boom to bust. But entrepreneurial vigor has made it boom again." (Tustin-based PairGain Technologies gets singled out for notice in the story.) Forbes doesn't use the term "Tech Coast," but its story makes the same point. And that's more than half the image battle. ___________________________________________________ ................ Bob