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Technology Stocks : PairGain Technologies
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To: helkel who wrote (34949)11/30/1999 10:07:00 AM
From: Jim S  Read Replies (2) of 36349
 
Thanks for the reply, hk. I dunno what's going on inside the lofty corporate offices, but 'twere it me getting a substantial portion of my compensation based on stock price, I do believe I'd want some higher prices. But, as usual, there is no encouragement of the recent run. This may be a bad assumption, but I'm working on the premise that management isn't totally stupid, and that they are not encouraging a price runup for some reason. They seem to WANT to dampen any enthusiasm that develops. IMO, of course.

But, I agree with you -- a narrowly focused company, with a profitable product line and a few million in the bank can look mighty good as a takeover target. Especially at these low prices.

Just trying to understand what's going on,

jim
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