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


To: Jay Mowery who wrote (22002)3/20/1998 2:25:00 PM
From: Stephen Neece  Read Replies (1) | Respond to of 36349
 
Jay , heres the PJ business wire article.. sorry if its already been
posted.. Im runnin nut to butt these days..

Good luck buddy,
Neece

Friday March 20, 1:09 pm Eastern Time

Company Press Release

Piper Jaffray Equity Research Department Initiates Coverage of Telecommunications
Equipment Network Infrastructure Universe

MINNEAPOLIS--(BUSINESS WIRE)--March 20, 1998--Piper Jaffray Inc. Senior Equity Research Analyst Conrad W. Leifur is initiating
coverage today of the Telecommunications Equipment Network Infrastructure Universe. This new effort expands Piper Jaffray's
Telecommunications Equipment coverage and includes companies that are capitalizing on the rapid growth of data traffic and increasing both
service provider competition and international telecommunications infrastructure development.

We are initiating coverage on March 20, 1998 of:

Company Rating ADC Telecommunications, Inc. (ADCT, OTC-25)A Strong buy PairGain Technologies, Inc. (PAIR, OTC-20 5/16)A Strong
buy Advanced Fibre Communications (Nasdaq:AFCI - news; AFCI, OTC-39)A Buy ADTRAN (ADTN, OTC-28 1/16)A Buy DSC
Communications (DIGI, OTC-17 7/8)A Neutral

Today, in conjunction with unrolling his new universe, Leifur is also releasing a 72-page industry report: ''Telecommunications Equipment
Network Infrastructure.'' For a copy of the report, contact your Piper Jaffray representative. For information about how to obtain a report, call
612/342-8850.

The Telecommunications Equipment Network Infrastructure universe broadens Piper Jaffray's coverage of technology companies, one of its
five areas of specialty. Its four other areas of focus are the financial, health care, consumer, and industrial growth industries. Piper Jaffray Inc.'s
Equity Research Department, with 52 research analysts, has doubled in size in the last year and plans continued, aggressive growth in 1998.

Investors should work with their investment professionals to develop investment strategies tailored to their own financial circumstances. This
information is not intended to be used as the primary basis for investment decisions. A security described may not be eligible for solicitation in
the state in which the client resides.

Founded in 1895, Piper Jaffray Companies Inc. has become one of the nation's premier full-service investment firms. Piper Jaffray Inc.'s Equity
Capital Markets business has grown exponentially in the last several years by focusing on the needs of growth companies in the healthcare,
technology, financial, consumer and industrial growth sectors. The firm's Equity Research department employs more than 50 research analysts
and associates who cover nearly 300 companies. Piper Jaffray Inc. also has built a reputation for its expertise in Fixed Income Capital Markets
and its retail brokerage unit. Other subsidiaries of parent company Piper Jaffray Companies Inc. include Piper Capital Management
Incorporated, Piper Trust Company and Piper Jaffray Ventures. Piper Jaffray Inc. is a member of the SIPC, New York Stock Exchange and other
major stock exchanges. For more information, visit our Web site at piperjaffray.com.

A: Piper Jaffray Inc. makes a market in the company's securities. Additional research is available upon request.