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


To: BWAC who wrote (36091)2/24/2000 8:47:00 PM
From: max power  Respond to of 36349
 
is anyone else concerned that no downside protection is specified in this buyout ie., pair can not be sold if sale price drops below a certain point? if adct drops to, say 30, on 7/31/00 pair is sold for 12.90 a share...

max



To: BWAC who wrote (36091)2/24/2000 8:52:00 PM
From: Zakrosian  Respond to of 36349
 
So do you think it's safe to assume that part of the savings will come from the elimination of PAIR's Sales and Marketing staff? These articles come off as a kind of post-mortem for PAIR - a once-dominant company that couldn't keep their client base and ended up having to sell their presumably excellent technology to a company with the competence to market it.