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Technology Stocks : PairGain Technologies

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To: Tim Luke who wrote (29876)4/7/1999 5:05:00 PM
From: porcupine --''''>   of 36349
 
About a month ago, wasn't it ECI that issued a press release announcing that they were in the market to acquire 3 telco equipment makers? Among other consequences, the price of PAIR shot up from around 8 to over 10. porx been wondering ever since: why would a company make an announcement that would drive up the price of companies it was in the market to potentially acquire --???>
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