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


To: Rainmaker who wrote (34904)11/24/1999 1:37:00 PM
From: helkel  Respond to of 36349
 
Sale of ME biz number is $175-200 million from what i read. Add this to $200 mill or so and PAIR has $375-400 million cash (IF THEY ARE PAID IN CASH, might be a stock deal).
I think they buy a competitor or get bought out. Paying $ to shareholders is doubtful, but with some of PAIR mgmt who knows ????
regardless, i would like to see the MCI (or other sizeable company) or rest of 12 contracts... announced to get the stock moving up into the low 20's.
hk



To: Rainmaker who wrote (34904)11/24/1999 1:37:00 PM
From: Doug Bean  Read Replies (1) | Respond to of 36349
 
Yes. it is moving up a bit. thats great, i have added a little here and if it moves straight up that would be fine by me because my wagon is pretty full.
Pair has begun to be fun again and yes John,, you can still bash management , because I agree that they should have supported the recent move up better than they have . The DUH! IR Investor relation department is not a thing of scintillating wonderment.
I do think perhaps Pascoe may be a bit brighter than what I for one have given him credit for. As for the other ,, ah,, well shoot I don't want to write what I think.. about those insiders who are constantly sellng their stock .
CRDoug