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

To: Chicago who wrote (28453)	2/7/1999 3:49:00 PM
From: hal jordan	Read Replies (1) \| Respond to of 36349

Excellent question and you summed up my first concern very nicely. That is one reason PAIR won't be taken over. Second reason...if this were really true, the professionals would have bid this stock up days before us amateurs heard the news. They always know first. Hal

To: Chicago who wrote (28453)	2/7/1999 8:55:00 PM
From: Joe Pirate	Read Replies (1) \| Respond to of 36349

>>why in the world would they bring in a new CEO, >>give him a good salary, probably quite >>a few stock options, if they were going >>to be bought out within a couple of months? Maybe he said "Hire me and I find find you a buyer!" Pirate P.S. HEE !

To: Chicago who wrote (28453)	2/8/1999 3:09:00 AM
From: P314159d	Respond to of 36349

That is entirely true. A new CEO wants to make a mark first, not buyout first --most times. That is why I say PAIR is value not some imminent play like CIEN. It may go on like this (takeover rumor,etc) all year. and the fundamentals will deteriorate for a while longer, but the buyout comes at anytime. I am neutral PAIR for now but want to be long for that moment, only I may miss it. it would not be the first stock I shied from on takeover talk. The last one was Ciena at $65. Gee I am so POed I missed that no brainer.