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


To: David Nelson who wrote (24794)6/24/1998 12:04:00 PM
From: Raven McCloud  Read Replies (3) | Respond to of 36349
 
It's always great when a CEO is 400,000 shares invested in his
company. It was nice that he told us of how many shares he owns.
AND it is very possible he used his share ownership statement as
a tactic to sustain investor confidence in the company because there
isn't even a potential suitor at this point. Just a thought.



To: David Nelson who wrote (24794)6/24/1998 12:10:00 PM
From: Tricky Ricky  Read Replies (1) | Respond to of 36349
 
IF (a big if) there is a buyout in the works he wouldn't be able to talk about it anyway. I am encouraged by him saying that they would be open to a partnership (nice way of saying acquisition). I think he wants to sell the company based on that statement, otherwise he wouldn't have made it. Charlie's shopping the company - that's my guess. Maybe no suitor yet but definitely shopping.

TR