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ORANGE COUNTY BRIEFLY

March 22, 1995

PairGain Technologies Inc.: The Tustin telecommunications company said Tuesday that it has completed a public offering that raised nearly $1.2 million for working capital and other corporate purposes. The company said it offered 500,000 of the shares and that selling stockholders sold 2,775,000 shares. The shares were priced at $23.625 a share.

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