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Technology Stocks : PairGain Technologies

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To: max power who wrote (35657)1/25/2000 9:19:00 AM
From: bill c.  Read Replies (1) of 36349
 
[ DSLprime notes ]

www.dslprime.com

1) Globespan's $200M+ buy of Pairgain's engineering team sets an extraordinary value on the 40 engineers, which Globespan's Bob McMullan identified to us as the centerpiece of the deal. They also get Pairgain's chip business going forward.

2) Mike Pisterzi (who's just taken the reins at Accesslan, after being COO of Alcatel) remembered his days at DSC, selling DLCs to the Bells, he believes they are open to new vendors if the products have clear advantages. Other massive contracts in the works include MCI, AT&T and KPN/Qwest.

3) *** Promatory was key to a nine figure deal about to be announced that rewards Nortel's purchase.
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