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Technology Stocks : PairGain Technologies
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To: max power who wrote (35757)2/2/2000 3:01:00 PM
From: ggroon  Read Replies (1) of 36349
 
3.3 million shares of GSPN would make the numbers truly disgusting. But the shares are still trading pre-split, so Management of PAIR is "only" costing us about 2/3 of the appreciation in value of GSPN.

The stock would clearly have a lot more value in the hands of PAIR shareholders. Yeah, I know, in theory PAIR would be down instead of up with the GSPN stock off the books. But I think we've seen our low point.

Now watch us miss by a penny or two and head back down below my average cost of $9.

Groon
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