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

To: Rainmaker who wrote (25986)	9/5/1998 12:47:00 AM
From: margin_man	Read Replies (1) \| Respond to of 36349

<<<The company has not announced a share buyback. I personally prefer that this NOT happen.>>> I think you don't have to worry about that. It looks ridiculous if the company announces a s stock buyback when the offices filed to sell. <<<Estimated buyout price based on PEG of 30% x estimated '99 EPS (30 x $0.85).>>> I throw in my towel for a high teen! P.

To: Rainmaker who wrote (25986)	9/5/1998 12:49:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 36349

Rain, Thanks yet again for your analysis and for making this thread come alive. While waiting for the stock to make its run, it's enjoyable to hang out on a thread that generates some top-notch analysis. I hope I can contribute something as well. Enjoy the weekend, Gary Korn

To: Rainmaker who wrote (25986)	9/5/1998 10:06:00 AM
From: kvogel	Respond to of 36349

Buy out rumors are unrealistic at the present time. The acquiror's stockholders would not be happy if it paid more than about 50% - 80% premium which would be $12-15 at today's prices. Would PAIR shareholders' and management be happy with this price? I think not. Technology acquisitions must be "friendly" to work. If PAIR can recover to teens on it own a takeout at $20 would be possible. Of course, I wouldn't be surprised to see that happen in the short term as we are coming from extremely oversold conditions and the general market should get a bounce soon as the "big caps" have finally had their day in the toilet. Karl