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Technology Stocks : PairGain Technologies
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To: Mark who wrote (24843)6/24/1998 7:44:00 PM
From: Street Walker  Read Replies (1) of 36349
 
This is what I recall

The Ceo said he had many shares. So he thinks
like a shareholder and will do what is best
for the share value.

When asked about merging, his atmosphere and
body language was against it.

I would have liked him to say,
"We have a policy not to answer questions
about speculative undertakings" or "We have been
approached by several companies and we are
evaluating our options."

Rather, he said in affect that a merger is not on
the horizon, as made obvious by today's trading.
He could have changed his mind
as soon as the interview was over.

To some extent, PAIR should be still considered
as a take over candidate.

Because of the CEO's choice of words, he lost
a lot of money today.

Good Luck,
S.W.
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