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

To: Mark who wrote (25687)	8/27/1998 10:17:00 AM
From: Mark	Respond to of 36349

How much cash does PAIR have?? Why not buy back a chunk of it..

To: Mark who wrote (25687)	8/27/1998 10:31:00 AM
From: Bobby G.	Read Replies (2) \| Respond to of 36349

Mark I never thought you or anyone else would say that either. Let's hope we never hear it again. To answer your other question, PAIR has about $200,000,000 in cash. If they used 1/2 of that to buy back shares, they could afford 10,000,000 shares at 10. I would hope they think that's a good investment for their cash. It would boost their EPS by about a dime. I would like to know what their plans are for that cash: 1. Hold it to be a more attractive buyout candidate. 2. Buy back shares. 3. Make an acquisition 4. Increased R&D (?) Hang in there, Mark. BG