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

To: Gary Korn who wrote (25632)8/26/1998 1:20:00 AM
From: stevie ray  Read Replies (1) | Respond to of 36349
 
From briefing.com.. 8/26 Telecommunications Equipment

Brief:Group continues to break down technically... Ciena debacle not helping sentiment... Though Lucent (LU) holding up relatively well, most of the component issues look sick...

Chief among them is PairGain (PAIR) as stock slumped 1 1/4 to a new 52-wk low in active trading... Management failing to turn good products into strong sales... Time for a shake-up.



To: Gary Korn who wrote (25632)8/26/1998 2:10:00 AM
From: Rainmaker  Respond to of 36349
 
Insiders's holding is listed at 17.73 % and institutions' at 62.77%. The insider's trade is
not a big percentage. Here's the link 411stocks.com

I'm assuming the AXA (ALA?) 20% is rolled in with the institution's number. This leaves us SI folks with 19.5%. This tell us AXA can push out management if they wanted to. Chuckie has no choice but to sell. They are not in control anymore.


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