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Technology Stocks : PairGain Technologies

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To: kvogel who wrote (27117)11/17/1998 7:09:00 PM
From: Jim Ray  Read Replies (1) of 36349
 
Karl, The response that you got from PAIR, simply amazes me. When I bought PAIR (-$11 ago) they didn't ask me to prove that I wasn't a member of an "Outlaw Element". I found this stock on the Internet, bought it on the Internet, and keep up with it on the Internet. (via the Pair thread on SI). I guess they expect us to invest and keep our mouth shut! I read your original post, and it was very informative, but there was nothing in it that a good CEO or CFO wouldn't have put out in a press release long before they told you. I don't know why they are so paranoid about secrecy, because they haven't come up with ANYTHING in 4 quarters, to move this stock.Their strategy seems to be "We don't know what to do, so screw the analysts and shareholders, keep them in the dark, and maybe they won't figure out that we don't have a clue". Of course missing earnings quarter after quarter tends to give away their secret.

I would venture to say that 95% of the people who have posted on this thread were PAIR shareholders. I have seen very little trashing of this stock or this company on this thread. And even fewer takeover rumors. Maybe if they were notified of how many shares are owned by people that post on the Internet, they might wake up.

I am furious,
Jim Ray
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