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Technology Stocks : PairGain Technologies
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To: Gary Korn who wrote (25488)8/22/1998 2:07:00 PM
From: Rainmaker  Read Replies (1) of 36349
 
Gary,

There are numerous reasons why many believe PAIR will be bought out before the end of this year. IMO, the final sale is being delayed because Strauch is demanding a higher premium than what the market will bear (based on recent stock price) or what company XYZ is willing to pay (premium TOO high). The AXA/ALA connection was brought to light earlier (see post beginning 25338). Toward that end, this is my question to you: Do you know or think there are enough shares held by non-management to overcome management resistance if an offer is tendered publicly (like the recent Allied-Signal cash offer for AMP)?
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