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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Harold S. who wrote (4741)8/16/1998 9:44:00 AM
From: Larry J.  Read Replies (1) of 8358
 
I have it on very good authority that Yago is still cranking. Production at their primary contract manufacturer is ramping. Last month 30,000 pieces of a given LEVL device were purchased. This represented a quantum increase over previous months. Forecasts are increasing as well.

The only nagging question for me is whether the Yago business will be accretive to top line growth / earnings, or only making up for weakening sales in other business segments.

In either case, CS shares at sub $10 are in my opinion a veritable steal!

Larry
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