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


To: stockbug who wrote (23574)5/18/1998 1:56:00 PM
From: Abel Vieira  Read Replies (2) | Respond to of 36349
 
TUSTIN, Calif.--(BUSINESS WIRE)--May 18, 1998--PairGain Technologies Inc.
(Nasdaq:PAIR) announced today that Roseville Telephone Company Inc., an
Independent Local Exchange Carrier (ILEC) serving Roseville, Calif., has
standardized on PairGain's HiGain(R) and small subscriber carrier systems.
Roseville Telephone selected PairGain's industry-leading HDSL (High-bit-rate
Digital Subscriber Line) based products for use in establishing T1 lines for
business customers, and to provide additional telephone lines to small
businesses and homes.

More good news for PAIR! this could be good for another 3/4 off the price.. Hope not.



To: stockbug who wrote (23574)5/19/1998 9:24:00 AM
From: Bobby G.  Read Replies (1) | Respond to of 36349
 
Stockbug -

The annual report discusses that many of the directors had options that were exercisable on April 24, 1998 or within 60 days of that date. Could some of the recent selling pressure been these guys unloading those shares?

As you said, it looks like they HAD to sell these shares somewhere around now. The total of shares was over 3.5 million.