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

To: Henk Kruisbrink who wrote (24864)	6/25/1998 9:20:00 AM
From: ENOTS	Read Replies (2) \| Respond to of 36349

Pairgain Technologies Inc. (PAIR) Dain Rauscher Wessels said it maintained its buy-aggressive rating on PAIRGAIN TECHNOLOGIES INC and said it is pessimistic on the possibility of PairGain being acquired by a larger telecommunications equipment or network equipment supplier over the near term. Dain says has $26 per share price target based on 27.5 times its 1999 earnings estimate of $0.95 a share, which it says believes is appropriate multiple given PairGain's 20-30 percent growth rate. (Reuters 03:22 PM ET 06/24/98) For the full text story, see full story