The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: DO$Kapital who wrote (61671)	9/21/1999 10:57:00 PM
From: ok1day	Read Replies (3) of 90042

I do not know if this was already posted, but it explains possibly why CS fell .... Cabletron Systems (CS: news, msgs) shares dropped 1 11/16 to 17 7/16 after the networking-product maker canceled an agreement, previously valued at $300 million, to provide Compaq with network components. Cabletron, however, posted better-than-expected second-quarter earnings of $12.5 million, or 7 cents a share, on sales of $356.6 million. Analysts surveyed by First Call were looking for a profit of 6 cents a share.

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