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

To: stevie ray who wrote (31408)	5/17/1999 2:52:00 PM
From: Joseph Moran	Read Replies (3) \| Respond to of 36349

Just read the 1st Q and it is anything but upbeat. "Loss of a major customer could affect future operations". Gross margins on sales down due to competition. Lower average selling prices. Unless they come up with new innovations or product, will expect gross margins to decline. All this is from the Q report. I am merely quoting what I read. i would have thought there would be more optimism, especially after the AT&T announcement. Any comments?