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

To: helkel who wrote (27415)	12/3/1998 11:04:00 PM
From: margin_man	Read Replies (1) \| Respond to of 36349

don't know effect of eps warning, but will be short. warned because they knew based on november #'s/trend, there is no way possible they will make the qtr. It did show up on the chart, didn't it? For 10 consecutive trading days, they were down days. I should have known. P.

To: helkel who wrote (27415)	12/3/1998 11:48:00 PM
From: Rainmaker	Read Replies (3) \| Respond to of 36349

Here's some CC headlines, not necessarily in any order. To the Yahoo subscriber who is pasting my stuff there: cut it out. Read on SI only. If I wanted to post on Yahoo, I would be doing so. You can listen to CC on 800 number and make your own conclusions. I've tried to provide FACTS. 1) No loss; will be profitable; 1st warning ever; continued price erosion in T1; Oct. very good; Nov. bad; Dec. expected to be bad as Nov. as trend continues due to loss of BA contract - main reason for CC 2) T1 order stops by BA faster than predicted; loss of 10% of total T1 sales => 15% of $10M for 4Q 3) Unit sales increased 19%; pricing pressure is sole factor contributing to lower profits on shipped units 4) Some shares bought back; no comment on how much; will have to see at end of 4Q 5) BA is still customer; remains a good customer with PG Plus & Flex where margins are still around 50%; expect to ship PG2 (new product) that BA is testing 6) Hi-gain across the accounts remain strong, same as 3Q 7) No news on SBC RFQ 8) PG family showing sequential growth 9) Avidia rollout began; trials have been good, setting benchmarks for other systems; revenue expected 1Q 99 10) New products planned for 99 to give total of 3 systems platform - new E1 platform that will be migration path for T1 (next generation) along with PG and Avidia; E1 in trial with 2 customers; Sprint is one - "great customer" per Chuck 11) CC lasted ~ 1:05; questions from Montgomery Securities, Stephans Brokerage (?), ING, Volpe, Lehman, Wedbush, and SG Cowen. 12) New CEO spoke little (15%); Chuck (60%); Charles (20%); Howard (5%); Kim (0% - as usual) 13) Canned "I am excited, optimistic... " speech by new guy 14) Chuck will remain CEO until Jan. 1 15) $1.5M write-down due to past private investment in ION or IONICS systems 16) Alluded to Frontier (networks?). Believe this was the company PAIR had sights on