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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Doug who wrote (5631)2/17/1999 3:07:00 PM
From: George A. Roberts  Read Replies (1) of 8358
 
Could Cabletron be the first of the big networkers to actually go to Zero I.E. chapter 11 ? I bought my position purely out of a belief that CS would be up on the idea consolidation in networking. If they are not going to be purchased I think they may stubbornly ride this company to oblivion with everyone losing? I am a former Bay networks share holder (still have my stake but its now Nortel)and the only way out of that investment was the Nortel merger. Cabletron needs to partner up or close shop in my view. At least Bay was making money as an independent but CS is not currently breaking even is it ?
George
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