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

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To: kathyh who wrote (74026)11/19/1999 8:56:00 AM
From: Riley  Read Replies (1) of 90042
 
Good morning all...this from yahoo re: CS.....

From Individual Investor Magazine, Dec 99 issue :

Cabletron is a computer company specializing in "network hubs"-- which are links that allow computers to communicate with one another. Cabletron's stock has suffered as a result of competition from companies such as Cisco Systems and Nortel Networks, but it is rebounding through a change in management and the purchase of Yago Systems (which is the producer of SmartSwitch). This product allows computers to simultaneously ship voice, data, and video over computer networks. It has given Cabletron such high profile customers such as NASA, AOL, Bank of America, and MCI WorldCom. Cabletron's stock is expected to go from a recent $17 to $25 in twelve months, and estimates place Cabletron's fiscal earnings per share for the year 2000 at $0.34 and $0.67 in 2001.
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