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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Rainmaker who wrote (34897)	11/24/1999 11:55:00 AM
From: bronco2	Read Replies (2) \| Respond to of 36349

Rainmaker, with all due respect I think that is a bad idea. The distribution of cash would be treated just like a divdend and once the dividend is distributed the stock price goes back to the pre-dividend price. The company has sold off a valuable asset and then not used the proceeds to increase shareholder value over the long haul. I think we could see that $4 per share price increase thru acquisitions that increase revenue. IMO. I would hope Pascoe could be more creative with that amount of money than give it to shareholders. If what you suggest, actually happens then I would truly be concerned that Pascoe is not the leader I hope he is.