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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Doug who wrote (4886)9/1/1998 7:10:00 PM
From: michael liu  Read Replies (2) of 8358
 
I don't think that buy back is a good idea.
They should put money in the business. The
investors will realize this stock is undervalue
at this level. Some big guys like Lucent or Nortel
will buy it up if CS can prove its product as
winner. Market cap has only 1.2B-. They should
worth at least 3B+. One more thing, if you listen
Nortel and BAY's merger conference this Morning, you
should realize that CEO of Nortel mentioned Cabletron
twice. It was in Nortel's shopping list back earlier
this year.

Michael
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