Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Harold S. who wrote (4030)	6/20/1998 1:00:00 AM
From: Rich Powers	Read Replies (3) of 8358

Harold, I posted last Friday that I thought hitting $.06 with no negatives going forward would cause the stock to move to the $15/16 area. I am even more convinced of that after the ERICY rumor. However,I am not sure that CS went up today in anticipation of flat to good earnings. Rather, the stock could have moved up because of the announcement that ERICY might be looking at 3 different companies, with Fore, Pair, Xyln, Adtn, and MRVC being the most likely candidates. When the street couldn't make up its mind as to what company ERICY might be looking to acquire, professional investors started looking around and decided that CS had a chance to be among the finalists. I am not sure what happened. Could ERICY have an interest in interest in CS after CS decided to buy ARIEL and Flow Point this week, both HDSL companies like PAIR and ADTN? On the other hand, would CS be considered too big. Articles re ERICY's interests said they were looking at small networkers. Reactions?

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