SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cabletron Systems (CS: NYSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Captain James T. Kirk who wrote (3358)4/18/1998 1:40:00 AM
From: Peter Yang  Read Replies (1) of 8358
 
I listened to the CC yesterday. It's positive. Craig Benson is trying to make CS number one in switching and network management system. They'll also working hard to make CS employees the most satisfied in the network industry. The integration with DEC network division is going very smoothly. They are going to offer low end 10/100 workgroup switches next month, which seems imply that the they'll not acquire NetVantage since Craig specifically said the 10/100 switch will come from internal development. They'll significantly increase international sales. They have a few major contract wins. When asked about current quarter, they said this quarter has been doing well. They are going to do more acquisitions to get innovative technology and to increase channel presence. The have cut some workfore in manufacturing but the production is not decreased, which means more productive and less cost. They believe SPECTRUM is the best in the industry and is at lease five times better than the closest and they think SPECTRUM should have 100% of the market share. They didn't focus on the marketing SPECTRUM before, but now they have dedicated sale force to market SPECTRUM to secure much more market shares than whant they had before. They'll have a series of new products to announce during Inter-op (?) in Las Vegas in May.

Bob Levine had some negative comments on Channel before. But the execs specifically said bob is not coming back. The recent presence of Bob in CS is they have invited him back to help elevate the sale organization at CS because of his 15-year experience in sale. He'll leave in about 3 weeks to his retirement.

Craig said there's no bad feelings between him and Don Reed and they still communicate very frequently. Craig is trying to execute Don's plans more efficiently, one example is the smooth integration of DEC network division. Craig has promoted several people who were brought in by Don and worked for Don to the top senior management team, which indicates he is serious about Don's plans and there's nothing unhappy between Craig and Don.

DEC has to sell 1.5 billion dollars of CS network gears in three years. It's a contract and DEC has to do it one way or the other.

IMO, CS stock is at the solid bottom. CS has a solid balance sheet with no debt and is in a rapid growing industry. It's going to be very rewarding to buy CS at this level.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News