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: IBMikey who wrote (28297)	1/30/1999 8:22:00 PM
From: Emile Vidrine	Respond to of 36349

An excellent post on Yahoo board about Mr. Pascoe and NN..... kameq..on Pascoe by: wtgondsl 15098 of 15106 I don't know why he left NN, but I looked at their Annual Report for last year, and saw what he gave up to come to PAIR. He definitely sees promise in this company. Probably the opportunity for being a CEO brough him over. At NN he was an Exec. VP and Gen. Mgr. of their Americas Operations. The CEO was the founder of the company (Mathews) who owns 23%, and probably wasn't going to step down for Pascoe any time soon. Also, also last year they brought in Alan Lutz from Compaq to be the COO. Looks to me like upward advancement was restricted and PAIRGAIN is a great company. Salary $247,038 Other compensation $18,782 (lease on automobile) Misc. Other $6,733 employer match on 401(k) contribution Also granted Options for 52,500 shares. 15,000 exercisable at $55.92 expiring on 6/13/2002 37,500 exercisable at $33.82 expiring on 3/06/2003 As of 4/30/98, he had exercised 20,000 options for $1,315,000 NN has a plan in place where options are exercisable at 25% each year. As of this report, he had 46,667 exercisable. He gave up 79,833 unexercisable worth about $559,183 (as of report date). All of this is verifiable from Edgars. This man should work some magic for PAIR. We will see a growth phase again, but be patient and let this man do his work. Go PAIR!

To: IBMikey who wrote (28297)	1/30/1999 8:27:00 PM
From: Emile Vidrine	Read Replies (3) \| Respond to of 36349

techweb.com