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

To: stockbug who wrote (23895)	6/2/1998 11:51:00 AM
From: Bobo	Respond to of 36349

I would be careful to attributing PAIR's stock drop to the Sprint news. There appears to be some big blocks being sold by Goldman who continues to take the stock down. I am inclined to believe that this drop is more likely related to an analyst that has changed his view on the quarter (and is getting an institution out) or a change in guidance by the company. It probably is prudent to know the answer before stepping further into this one.

To: stockbug who wrote (23895)	6/2/1998 11:54:00 AM
From: Mosko	Respond to of 36349

I think this is the full annouoncement: www2.techstocks.com Check out this paragraph: Sprint's long distance network is already built and covers the entire United States. Its reach will be extended through metropolitan broadband networks (BMAN) available in 36 major markets nationwide in 1998 and in a total of 60 major markets in 1999. These BMAN networks will allow Sprint ION to pass within proximity of 70 percent of large businesses without having to utilize Digital Subscriber Line (DSL). For smaller business locations, telecommuters, small/home office users and consumers who may not have access to BMANs, ION supports a myriad of the emerging broadband access services, such as DSL.