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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Zardoz who wrote (2486)12/3/1997 5:33:00 PM
From: Jerry Krim  Read Replies (1) of 8358
 
The comparison with gandf is ridiculous. Gandf was a very tiny company, with a narrow product mix, loaded with debt. Cs is far larger, with $800 million in net working capital, no debt, a price to sales ratio of around one considering the dec purchase, and a more diversified product line. No way is this company going to disappear. This company will participate in the dramatic growth expected in the networking area (either independently, or part of a larger company).
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