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

To: James Petersen who wrote (27556)12/9/1998 12:11:00 PM
From: margin_man  Read Replies (2) | Respond to of 36349
 
Agree the plan is designed to protect the executive jobs.
Except for the new CEO, most executive officers have their options
for less than a buck. Am I right? If so, why would they care if
the company is taken out for less than $10/share?
What's about the shareholders who own PAIR in the teens?

P.



To: James Petersen who wrote (27556)12/10/1998 10:28:00 AM
From: Steven A. Annese  Read Replies (1) | Respond to of 36349
 
I believe the Poison Pill is a common move when a company is offered to be taken over, and the board and executives think that the price offered is too low. Then to protect themselves from a hostile takeover, they implement the poison pill. Probably entertaining some offers...


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