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


To: William G. Murray who wrote (24808)6/24/1998 2:58:00 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 36349
 
The Motley Fool's Market Movers (Downs)
The Motley Fool - June 24, 1998 12:48

High-speed digital subscriber line (DSL) products Pairgain Technologies (Nasdaq: PAIR) was pared for a $1 1/16 loss to $18 3/16 after CEO Charles Strauch squelched some of the merger rumors which have swirled around the company lately. "I don't think at the moment acquisitions are a particularly good focus for our company," Strauch said in an interview with CNBC.
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What a bunch of f***ing BS...quoted him out of context deliberately, failed to mention that if a suitable partner came along PAIR would be open to the idea. This is all about spin...time to load up - it's heading for the 16's.

Good luck to all the longs!
Tony



To: William G. Murray who wrote (24808)6/24/1998 2:59:00 PM
From: stockbug  Read Replies (1) | Respond to of 36349
 
Take a Look At this:
go2net.newsalert.com

It says " I don't think at the moment acquisitions are a particularly good focus for our company" If I read this correctly he was talking about PAIR making an aquisition and if so it really shows how a negative spin can be put on things.