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

To: David Nelson who wrote (23235)4/24/1998 4:05:00 PM
From: Bobo  Respond to of 36349
 
FWIW I am back into Pairgain with 1/3 position over the last 2 days at avg of $19. Give estimates of $.78, seems like reasonable PE of 24 and limited downside unless the HDSL pricing goes down the shitter (Adtran and Pairgain must be licking their wounds). Based on last few quarter trends, it seems growth should resume in second half as long as the other 4 RBOC's sloths start to finally get PGFLex and PGPlus into field. Lord knows there copper is scarce out there.


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