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


To: Jay Mowery who wrote (29110)3/9/1999 1:18:00 PM
From: William L. Vu  Respond to of 36349
 
Hello all,

IMO, the price drop recently was caused by big institutions, and they are done selling. The stock price should not move much from here, until the next big guy come in to buy. The last big buyers was AXA group, the Equitable company, and DLJ who came in and bought up to 14 million shares. (info was from Edgar databases and SC 13 G forms)

They all left after the poison pill was adopted.

I think the next take over rumor when it surface will have more truth to it.