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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Rob Skaff who wrote (4115)6/22/1998 10:47:00 PM
From: Pruguy  Read Replies (1) of 8358
 
I couldn't agree with you more. The buying in this company is impressive indeed. The volume seems to have picked up a tad as well. Personally, I don't believe all those bets were based on present earnings. I will be watching the post 10:00 a.m. trading till wed. night as more important than where the stock opens. Thats assuming it opens down. I f it opens up I'm just as long and clueless as I ever have been... I just got off the conf. replay, and while I have never listened to Benson before, I have listened to many others. This was not my idea of an impressive call. The list of questionnares was a whos who of networking analysts, but I got no great hopes from the questions or answers. One impression I'd like to mention , Benson is not running this company on a day to day basis. He is the strategist. he has a very poor handle on any specifics regarding sales, margins or even divisions. Others may know better, but I think their coo should have been on the call and doinbg most of the talking. Benson sounds like a ship without a rudder and 425mm in cash. Buying to
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