I don't understand why a companies actual product(s) doesn't impact the stock price. Or, does it? I have not seen anyone talking about the actual products.
But, just before CS stock price went to the 13-15 range, they were shipping their brand new SS6000 products. I was one of the victims of its initial short-comings. The thing was a total flop for the first few runs (about 3 months from the first shipment) even though they insisted that it was ready for production use. I know there were hundreds of other customers going through the same problems. The thing that really upset me as a customer was the 'stonewalling'. They would not admit that the product was buggy and unstable. They lied to me, saying that I was the only customer with these issues, only later to contradict themselves. Meanwhile, my company was losing valuable productivity.
Now that the initial offerings for the 6000 platform are stable, they have been spinning off new blades for the 6000 platform, such as the FE 100BT card, being sold to us as an 8 port card, capable of full-duplex, when in reality, they were are only capable of 4 ports simultaneously. Which is mysteriously the same exact capability of the original 10BT cards.
Its obvious that while Cabletron was losing a niche in the market, they scrambled to fill the gap with the 6000, and released it too soon, hoping they could word their way into the market until the product was really ready for prime-time. Now, they are 'porting' the electronics from their 10BT cards capable of 400kpps, to their 100BT cards which should be capable of 2.4Mpps, but still only running at 400kpps. They tell me they will be shipping the real 100BT card this summer. |
