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Technology Stocks : PairGain Technologies
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To: Tim Luke who wrote (29876)4/7/1999 3:33:00 PM
From: Jim S  Read Replies (1) of 36349
 
EDIT: I take it back. I wrote the following before I saw the ECI denial.

Tim, there is still not a hard, no-BS denial that these two companies are talking buyout. Which causes my imagination to slip into 2nd gear. Suppose, just suppose, that the article was a hard news item that somehow wound up on the net either by mistake or malevolent intention.

So, if we assume for a moment that it is in fact true, what will be th result of the article being released? Everybody will look pretty stupid if they announce the buyout later this week. What would they do in this case? Cancel the deal? Look foolish and confirm that it was true, just early? Or, postpone the deal until they can save face?

Curious stuff, yes, indeed.

jim
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