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Technology Stocks : PairGain Technologies

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To: helkel who wrote (35627)1/24/2000 8:46:00 AM
From: helkel  Read Replies (1) of 36349
 
Globespan is up from $80 around first jan 1. They are also a partner with ADTN. Regardless, I hope that as the deal closes GSPN stock doesnt plummet. If so, the deal for pair is less, maybe why the $90 million note is there.
Nice if GSPN stays here or goes higher.
Thats about $345 milllion in cash if GSPN stays same. Plus the note.
Lots of cash money for a $13 stock.
hk
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