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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (10724)	1/30/1999 7:51:00 PM
From: Jim Ray	Respond to of 90042

Hell Tim, I have been impressed for 2 years. ( When ASND was in the $50s and you said the bottom was going to fall out, I laughed. Then I woke up at $22.) Haven't questioned your judgement since. No question about me hanging tight. " Build it and I will come" Jim Ray

To: Tim Luke who wrote (10724)	1/31/1999 1:16:00 AM
From: Sandra	Read Replies (1) \| Respond to of 90042

Hi Tim I like this part from the PAIR 10q PairGain generated $57 million cash in 1998, ending the year with total cash and short-term investments of $234 million. In October 1998 the Company announced a stock repurchase program, and during the fourth quarter of 1998 the Company repurchased one million of its outstanding common shares. During the fourth quarter the Company's PG-Plus small subscriber carrier product was approved by a major interexchange carrier. Also, the Company launched its new Avidia(TM) System, a product which provides PairGain entry into the high-speed Internet access market. The Avidia System allows service providers to deploy multiple ATM and IP based services from a single platform. Several trials are underway. The Company also achieved significant milestones in two "new technology" sectors. PairGain recently announced that it has successfully demonstrated interoperability with ADC Telecommunications between the two companies' HDSL2 solutions. In addition, PairGain's G.lite ADSL program is on track with product in development and interoperability testing well underway. PairGain announced the availability of a new open, non-proprietary HDSL solution, the HiGain Wideband system 3190 (WBS-3190). The WBS-3190 is the first truly open T1 access platform, enabling service providers to deploy T1 services using several manufacturers' line cards, from a single managed platform. Looks the the turnaround is in full motion, and whatever else. Sandra