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Autores

  • Jon McKenzie English University of Wisconsin-Milwaukee

DOI:

https://doi.org/10.12957/contemporanea.2004.23161

Resumo

On the morning of April 7, 1999, the stock price of PairGain Technologies Inc. suddenly rose more than 30% amid rumors that the company was being acquired by an Israeli rival, ECI Telecom Ltd. The rumor of a buy-out of PairGain had been in the air for months, but that morning it caught fire on a Yahoo! finance bulletin board. Stacey Lawson, a 32-year-old female IT manager from Knoxville, posted a message about the buy-out along with a link to a Bloomberg News page that announced the story as well as quotations from the CEOs of PairGain and ECI.

Biografia do Autor

Jon McKenzie, English University of Wisconsin-Milwaukee

Professor Assistente da English University of Wisconsin-Milwaukee

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Publicado

2016-06-08

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