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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: FrozenZ who wrote (406)	6/13/1999 1:18:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 1316

WELCOME ABOARD FROZEN Z !!!! OPEN POSITIONS RCJIII.....4/26/99 ADRN 7......................-30% JIM C......4/26/99 ALSC 3 5/8..................+72% MR METALS..4/26/99 DSTR 2 21/32................+88% MR METALS..4/26/99 DSTRW 21/32................+165% MYRON......4/26/99 MSGI 36.....................-40% CARY.......5/6/99 SAH 15 1/8................- 8% PHIL.......5/6/99 EXDS 83 3/8................+ 5% SW.........5/14/99 GUMM 10.....................---- MARK.......5/18/99 JADEW 3.....................---- ESSAM......5/24/99 WRDP 9 1/2................+ 8% DOUG.......6/2/99 APOG 12 1/4................- 8% JIM S......6/4/99 RUBO 15 3/4................- 6% JIBACOA....6/7/99 CAMP 4 3/8................+51% DD.........6/10/99 SUNW 61 1/4................- 2% SERGIO.....6/11/99 CHS 2 9/16...............+ 7% FROZEN Z...6/11/99 CS 14 1/2................- 2% SCOUSER....6/11/99 DIGG .88................---- CLOSED POSITIONS FOR JUNE KEN........5/19/99 CELL 5 15/16 CLOSED 6/11 + 22% INSTOCK....6/3/99 CMPD 1 29/32 CLOSED 6/11 + 9% SERGIO.....6/3/99 MSC 11 1/8 CLOSED 6/11 + 5% SCOUSER....5/18/99 MDTV 1 15/16 CLOSED 6/11 - 23% JIM S......5/11/99 MSEL 2 31/32 CLOSED 6/4 - 28% SERGIO.....6/27/99 DPH 20 1/4 CLOSED 6/2 - 7% DD.........6/1/99 EGRP 39 13/16 CLOSED 6/2 - 8% DOUG R.....4/30/99 IBM (-) 208 1/2 CLOSED 6/2 - 7% INSTOCK....5/24/99 HAUP(-) 27 CLOSED 6/1 + 25% PRIOR TRADES: Subject 28856 AS

To: FrozenZ who wrote (406)	6/13/1999 3:13:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 1316

CS Frozen, the takeover rumor has been around at least since January. Have you seen this article? informationweek.com Thursday, January 7, 1999 Cabletron Up For Sale? Cabletron Systems executives told employees the company was not on the block, despite reports to the contrary, according to Cabletron insiders. Shares of Cabletron's stock closed up 11 percent Wednesday following reports that it hired Merrill Lynch to search for a possible buyer. A Cabletron insider said executives have denied the reports to employees in a company meeting. Craig Benson, the company's president and CEO, has repeatedly said the Rochester, N.H.-based company is not for sale. Despite the networking vendor's troubles, a Cabletron insider said the reports of a $2.5 billion acquisition offer severely undervalues the company's profit potential. The company's market capitalization is about $1.6 billion. "It would have to be a hostile takeover because Craig [Benson] would not go along with it," the insider said. Benson holds 11.7 percent of Cabletron's stock, the insider said, and is now positioned to lose a lot of money by selling the company for $2.5 billion. Cabletron declined to comment. The No. 4 vendor of Ethernet LAN switching gear has posted losses in three of its last four quarters. For the third quarter ended Nov. 30, Cabletron reported a loss of $21.1 million, or 12 cents a share, before a charge of $63.8 million. In the third quarter of 1998, the company's profit was $19.9 million, or 12 cents a share. Cabletron reported third quarter sales of $329.9 million, down from $331.8 million in sales in the year-ago quarter. While Cabletron has faced financial problems, it has maintained its share in the networking hardware market. The Dell'Oro Group,in Portola Valley, Calif., reported Cabletron generated the fourth largest revenue, $212 million, from Ethernet LAN switches in the third quarter of 1998. Cisco saw $706 million in revenue, while 3Com and the Bay Networks unit of Nortel Networks generated $244 million and $214 million in sales, respectively. Dell'Oro ranked Cabletron fourth in terms of revenue from shared hubs and LAN switches in the third quarter of 1997. The research group said Cabletron had $271 million in sales of this gear that quarter. The networking industry has moved from being dominated by shared hub sales to LAN switches during the past year or so. Cabletron had 11.9 percent of the LAN switching market in the third quarter of last year, while Cisco controlled 44.6 percent, 3Com had 13.7 percent, and Bay held 12 percent, Dell'Oro said. Gary Hiniker, vice president of marketing at Concord Information Systems, in Lexington, Mass., said he is unsure what to think about Cabletron possibly being for sale. A former Digital Equipment networking VAR, Hiniker said his revenue has dropped significantly since Cabletron bought Digital's networking unit last year. In 1997, Concord Information had $3.5 million in sales from Digital networking gear, Hiniker said. The VAR had less than $1 million in sales of Cabletron and its acquired Digital products. "Well, we'll see who buys them," he said. -- Kimberly Caisse, Computer Reseller News