Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Pruguy who wrote (5394)	12/3/1998 8:31:00 AM
From: Paul Haynes	Read Replies (3) of 8358

Remember When: About a year to 1 1/2 years ago CS brought in a new CEO (I forget his name but I think he was from one of the RBOC's or AT&T). Does anyone remember that he was granted options with a strike price of $35? I recall that being part of his employment contract. As a long investor who had entered at 14 7/8, I liked that incentive. Well, I think those options may have been later re-priced (lower) and, of course, the CEO didn't last a year. I think the long investors need some signs that a long-term vision of margin growth or market penetration with a diversfied product line or both is firmly in place in the company. Paul

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