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Technology Stocks : PairGain Technologies

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To: BWAC who wrote (36158)3/3/2000 1:06:00 PM
From: Larry J.  Read Replies (2) of 36349
 
Spread is widening significantly. Could the deal be in trouble? Either that, or PAIR represents a potentially good arbitrage opportunity.

With ADCT @ 46 3/4, PAIR @ 17 7/8 which has an implied value of $20.10. (.43 : 1)

LJ
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