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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Duper who wrote (57812)12/3/1998 9:40:00 PM
From: Mark Duper  Read Replies (1) | Respond to of 61433
 
**ot** PAIR

Pairgain Technologies (PAIR:Nasdaq) said it sees fourth-quarter revenue and operating earnings coming in significantly below expectations. The 18-analyst forecast called for earnings of 16 cents a share vs. the year-ago 17 cents. Pairgain said continuing price erosion in the T1 access sector and the loss of primary supplier status at a regional Bell operating company for its HiGain T1 access products hurt its earnings. The company also named Michael Pascoe its new CEO.