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Technology Stocks : PairGain Technologies

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To: ratan lal who wrote (24635)6/23/1998 6:25:00 PM
From: helkel  Read Replies (3) of 36349
 
Here it is!!!!!
TUSTIN, Ca., June 23 /PRNewWire/ -- Ericsson, Inc. (NYSE: ERICY) announced today that it is making an offer for Pairgain Technologies (NNM: PAIR) for $45 US. Pairgain CEO Chuckie Strauch declined the offer and said we are not growing anymore, but we will be ok. I've got 60 jillion shares at a basis of 3 cents so i will be okay. But the shareholders who bought above $15 will get screwed and have to take a long term outlook. PAIR will be above $20 in 2010 so quit yer bitchin unquote.
In speaking about the bullshit on the thread many became aggravated with the lack of concrete news and actually got bored.
Let's hope for the best
hk
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