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Technology Stocks : PairGain Technologies

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To: helkel who wrote (36054)2/23/2000 7:13:00 PM
From: BWAC  Read Replies (1) of 36349
 
Yeah those goals sure kinda got thrown out the window. After only 1.5 months?

Seriously, What exactly did happen to make these guys consider selling at $20. That's the big question. When I called them to complain about performance and got Pascoe or Chucky #1 on the phone, they talked like nothing short of 30 or so would do. And that poison pill thingie? How's that helping us now?

I say something isn't quite right. I am becoming more convinced that ADCT knew they could get PAIR by either #1 a hostile takeover or #2 by making the PAIR BOD think they were cornered by #1. And PAIR BOD can't even get this game right. They could have played it for another $4 or 5 easy.

So ADCT looks smart in all this. I think I will be holding for the .43 shares.

And I look forward to hearing the 'real' story someday.
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