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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Trey McAtee who wrote (5681)3/9/1999 8:08:00 PM
From: Michael Hart  Read Replies (4) of 8358
 
Doug, Trey, Captain and George

I can't stand to watch you banter about chapter 11 etc. This is a company which has enough cash in the bank to pay expenses for a couple of years with zero sales. The issues with Cabletron have ONLY been going on for 18 months and the issue is flat revenues with a slight rise in expenses which are attributed to holding onto the quality LONG TERM employees who remain. If you want instant gratification or decimation please go invest in internet stocks...........

LONG CS,

Mike
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