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


To: Bobby G. who wrote (27555)12/9/1998 11:28:00 PM
From: Rainmaker  Respond to of 36349
 
<<Any chance 3Com might be interested in PAIR?>>

From the article, sounds like a strong possibility. The only flaw may be the acquisition target price range. The article talked about a few million to a few hundred million. PAIR will likely go for around $1.5B IMO. We can stretch the few hundred million to include my guestimate. But a greater possibility is a strategic partnership.

BTW, a FORTUNE article that ran this last summer (9/28) suggested Lucent would buy both Ascend AND 3Com. The odds were indicated as 3-5 and 3-2, respectively. Also, NN (where Pascoe is from) was given 5-1 odds of a Lucent takeover.