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Technology Stocks : PairGain Technologies
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To: James Petersen who wrote (24833)6/24/1998 6:04:00 PM
From: Mark  Read Replies (1) of 36349
 
OK, I'm going to try to be positive on a couple of points.

1. Price of stock has increased by $$$$4.0 since last week,
even with todays slide.

2. Well over 11 mil shares traded today. The slide could've
have been much, much worse. We had buyers all day trying
to pick up what they perceived as bargain prices.

3. Its the first time that Charles has recognized the shareholders
And shareholder value.

4. Hasn't ruled out any merger. Seems like he actually welcomes
some union with a major player i.e. Lucent
Nice cash hoard with NO LT debt makes us attractive.

5. This is still a money making company in this industry.
Who else is.

6. New products that haven't matured yet.

Everyone keep in mind Charles is very conserative. This doesn't
make him a bad executive. He sounded more excited about
growth possibilities in internet related business as well as
foreign business.

We'll be alright... IMO
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