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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Captain James T. Kirk who wrote (4724)8/12/1998 12:03:00 PM
From: Doug  Read Replies (1) of 8358
 
Capt: Todate, that Yago and DEC deal have had little impact on earnings. The YAGO shareholders got 6.1m shares then valued at $80m & currently at $68m. They are also due another 5.5m shares if CS does not make the $35 grade by Sept 99.

Based on existing performance, the $35 grade now looks impossible.
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