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

To: DWCraig who wrote (27366)12/3/1998 12:11:00 PM
From: RJP  Read Replies (1) | Respond to of 36349
 
Another downgrade today, from briefing.com:

PairGain Technologies (PAIR) 9 29/32 unch: ING Baring Furman Selz downgrades telecommunications products
supplier from "buy" to "hold" and lowers estimates as Bell Atlantic shifts purchasing preferences in Q4, sooner than expected;
continues to see tough pricing environment for HDSL; lowers Q4 EPS estimate from $0.16 to $0.13 a share and FY98 EPS
from $0.64 to $0.61 a share.....

RJP



To: DWCraig who wrote (27366)12/3/1998 5:24:00 PM
From: kvogel  Read Replies (1) | Respond to of 36349
 
DWC, Sorry if reporting information and giving true perspectives bothers you. It looks like the funeral business will be of some service to PAIR. The stock has just not been acting well after the product announcements. I expect the company to be bought out in $15.00 range in next 6 months. I owe Chuck a "thank you" for getting me out of the stock with a profit.

Karl


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