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Technology Stocks : PairGain Technologies

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To: kormac who wrote (36137)2/28/2000 6:21:00 PM
From: Daniel G. DeBusschere  Read Replies (1) of 36349
 
Unbooked market values for ADCT-
Go listen to the last quarter ADCT CC call. The CFO stated that he only recognized a fraction of the approx. $750 million unrealized gains on their investments. It was this comment among others made in the CC (the CEO is giving guidance of 30-35% sales growth up from 25-30%) that told me this deal is OK in my book. Its about as close to a win win situation for both ADCT and PAIR shareholders that was possible in my opinion.
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