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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (15800)11/2/1998 11:50:00 AM
From: the hube  Read Replies (3) of 17305
 
Keep your eyes on PAIR this week.
With the recent release of the DSL lite standard, could be ready to pop. Market cap is about $600 million, company has $230 million in cash, no debt, and is in the midst of a stock buy back. They will earn about $50 million after tax this year, and have just announced new products. All last week and so far today, volume has been more than double normal, with little or no movement in price.
Just a matter of time before it moves back into favor. Until then, I see little downside risk.
All of above IMO.

John
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