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


To: Greg Thornton who wrote (27563)12/9/1998 5:51:00 PM
From: BWAC  Read Replies (2) | Respond to of 36349
 
Greg,

<< I think that the potential acquirer is excluded from the stock dividend. That way his position is reduced from 15% by half, to 7.5% so he is no longer a threat.

Is this correct?>>>

On the excluded part. Yes the release read as though the potential acquirer would be excluded from the dividend. But I don't think it would cut their position by half.

I really would like to have this explained further. Anybody?