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Technology Stocks : PairGain Technologies
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To: P314159d who wrote (36179)3/8/2000 4:15:00 PM
From: BWAC  Read Replies (2) of 36349
 
The days score:

ADCT up $2. Throw in another $100 Million paper gain on GSPN. Or about 1 1/4 per PAIR share.

PAIR up 1/16.

I get an expected book value of PAIR next earnings report as roughly $7 GSPN stock per share, plus another $1 for the 90 Million GSPN note (Convertible by the way), plus the old lame sitting around cash on the books from years past wasting away collecting dust while management fiddles of $4 = a grand total of $12 Book Value.

Which gets me about $7 for all the PAIR dsl products, expertise, and the Avidia system.

This deal with ADCT sucks more and more each day. Anybody gotten the merger packet in the mail yet? Or is it to embarassing to send out?
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