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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Kris who wrote (3274)3/30/1998 8:52:00 PM
From: V  Read Replies (1) of 8358
 
Don Reed -- Pushed Out or Wanted Out (??)

Kris wrote:

>>CEO Don Reed resign, is this good or bad news ?<<

Whether he was forced out or wanted out the change is bad news!

Quote from Craig Benson on taking over as CEO
"...But citing my industry experience -- Don convinced me to manage
the particulars of implementation -- and proposed that he continue to
oversee the broader business strategy from his seat on the board --
and as a consultant to the company"

Why can't he say it in plain words "He wanted out" or
"I/Board wanted him out".

Questions a new CEO has to answer and maybe other readers here
want to take a stab at as well:

1. Pursue a indirect sales model or switch back to old direct one?

2. The proposed talk of sale-spinoff of the SPECTRUM nwk. management division. Continue or kill the spinoff?

3. VOIP strategy for CS ? (nothing announced till date. ASND,
BAY , COMS , CSCO are already full into an IP Telephony strategy)
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