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Technology Stocks : PairGain Technologies
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To: Rainmaker who wrote (27772)12/29/1998 8:45:00 AM
From: kvogel  Read Replies (1) of 36349
 
Rainmaker,
The sale of 23,520 shs was reported last week. I do subscribe to a service that updates each week. It's not that many shares but probably means a buyout is not imminent. I don't have any more info from ADAX about PAIR. I still think PAIR will be bought out early in '99. The issue is critical mass and "systems" is in. I think the realization that a purchase price is more like 12-15 and not 20 still has to sink in with management.

Karl
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