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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Doug who wrote (4883)9/1/1998 3:30:00 PM
From: polarisnh  Read Replies (1) of 8358
 
Doug,

There is one major difference between Boeing and Cabletron. Boeing is the world's largest aircraft manufacturer with a backlog of contracts that will last for the next 10 years and provide guaranteed earnings. Cabletron needs to make the next quarter or two positive or they won't have to worry about the next 10 years.

I'm not saying that they won't survive if the next few quarters aren't positive. I'm saying that analysts and potential customers have a real confidence problem with Cabletron right now. Example: Don Reed

I hope that they will have a good quarter and provide some upward momentum.

Cheers,

Steve

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