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Technology Stocks : PairGain Technologies

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To: Tim Luke who wrote (31100)5/8/1999 12:55:00 PM
From: genejockey  Read Replies (2) of 36349
 
TIM, why would PAIR insiders be filing 144's very close to a buyout?

I'm not playing PAIR as a longterm hold but am thinking about it as a very short term short. I heard that PAIR has some kind of poison pill defense for a hostile takeout, so I would imagine then that any takeout would have to be friendly. If that is correct, then shouldn't insiders know that a takeout is looming, and if so, why would they be filing 144's? Am I missing something here? Thanks----- Not Howie
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