Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JPM who wrote (25840)	9/2/1998 10:10:00 PM
From: hal jordan	Read Replies (1) \| Respond to of 36349

The fact is, PAIR does have 200 million in cash, they are in the black, and some new product is selling well. At this price, can someone tell me what the market cap is? It must be at or under $400 mil. This company is a steal for takeover target at these levels. They are not going out of business. Hal

To: JPM who wrote (25840)	9/2/1998 10:17:00 PM
From: daaan	Respond to of 36349

I agree. I ask myself if I was Charlie would I be acting the same way. On one hand I understand his greed; he will never know any of us. On the hand to continue to dilute the the stock by dropping .07 a share stock on the market like a bomb is pretty low. He just looks like and old guy that's playing his end game. "Hurray for me and F*ck you." We will be lucky if LU buys PAIR for 12-14 in stock and then we just get old with LU. In spite of its multiple at least its going to be around and grow. There was a time that I thought a share buy back would be helpful but it was pointed out to me by an earlier post that the cash makes a better acquisition carrot. What good is a buy back when an equal amount of shares could be dumped by management.