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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Wallace Rivers who wrote (3124)3/3/1998 9:27:00 AM
From: WTSherman  Read Replies (3) of 8358
 
The cost structure of this company is still totally out of control. The sales force spends most of its time schmoozing customers on the golf course rather than working and management still thinks this is the road to success. Products lag the market, management in a daze, sales force on vacation=$10/share.
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