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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (50241)	6/9/1999 2:34:00 PM
From: jimbos	Read Replies (1) \| Respond to of 90042

Bloomberg just reported it, also. Too many big blocks buying in it seems, for just another rumor. IMHO

To: steve susko who wrote (50241)	6/9/1999 2:37:00 PM
From: Researcher	Respond to of 90042

Here's the news (for your private use) Cabletron May Be Bought by Siemens for $4 Billion, Dorfman Says Rochester, New Hampshire, June 9 (Bloomberg) -- Cabletron Systems Inc. may be bought by German electronics company Siemens AG for between $22 and $26 a share, or about $4 billion, Dan Dorfman said in his column on JagNotes.com column. Cabletron manufactures, installs and supports computer products. Siemens and Cabletron declined to comment, Dorfman said. Last week, Cabletron Systems Chief Executive Craig Benson resigned from the No. 4 computer-networking company and said Piyush Patel will replace him, after a two-thirds plunge in the company's share price during the past two years. (Jag Notes 6/9 www.jagnotes.com) Jun/09/ 99 13:57 (C) Copyright 1999 Bloomberg L.P. Good investing Researcher