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Technology Stocks : PairGain Technologies
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To: john p. carney who wrote (35612)1/21/2000 7:35:00 PM
From: BWAC  Read Replies (1) of 36349
 
ADTN now has a market cap of 2.7 Billion selling those inferior to PAIR products.

PAIR has a 900 Million market cap, further reduced by what soon appears to be 400 Million in cash.

PAIR will not, in my opinion, be around long if they don't get it in gear. All of its competitors have flown, all are richly rewarded for success and richly valued. The biggest question remaining might just be who takes PAIR and their Avidia out.

Irony says ADTN uses their newfound stock "currency" and finishes the job for $20 per share. And I laugh as Chucky becomes the janitor. PAIR incurs the expenses of developing Avidia and loses it to ADTN in the hour just before dawn.
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