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

To: George A. Roberts who wrote (28194)	1/27/1999 6:41:00 PM
From: Carmine Cammarosano	Respond to of 36349

Pricing Pressure is the issue: Revenues for the fourth quarter ended December 31, 1998 were $60.7 million compared to $74.5 million in the corresponding 1997 quarter. As the Company previously announced in December, the decline in revenues for the 1998 quarter was the result of 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.