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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: Tim Luke who wrote (53232)	8/14/1999 3:37:00 PM
From: Bill on the Hill	Respond to of 90042

While you are there would you pick up my meds for me?

To: Tim Luke who wrote (53232)	8/14/1999 6:08:00 PM
From: len bt	Read Replies (2) \| Respond to of 90042

Tim, RE- hells angels, when i was a kid, riding home from work about 1:00-am on my old restored honda had a header on it. ran into i guess at least 45-70 bikers. too many to count. i joined their formation about the center it. ran a few miles with them over a mountain road. saw a jacket on one what i could make out it said "something", angels. i do not know if it was the hells angles but i will never forget that experience. still amazed they let me ride with them with a "honda!" len

To: Tim Luke who wrote (53232)	8/14/1999 7:39:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 90042

NEW YORK. 06:00 PM EDT?Cabletron Systems (nyse: CS) says it plans to spin off or sell its software business, a move that could set the stage for a takeover of the struggling network-equipment maker. "We have a lot of discussions going on with partners and bankers. It may take two quarters, or it may take three to four, but we have the ball rolling [toward divesting the business]," says Piyush Patel, president and chief executive of Cabletron. Former Cabletron President and Chief Executive Craig Benson said in May that the company was considering a sale or public offering of its Spectrum unit in hopes of increasing shareholder value. Patel, who replaced Benson when the Cabletron cofounder resigned his executive posts June 4, says the company has already begun separating the administration of the software business from the rest of Cabletron. Whether it is spun off or sold, Cabletron will still own a "reasonable portion" of the unit, which contributed 4% of the company?s revenue during the quarter ended in May. Cabletron has hired a consulting firm to rename the Spectrum unit, Patel says. The new name will be unveiled at the Netwold+Interop trade show in Atlanta the week of Sept. 12, it will have its own exhibitor booth. Mike Skubisz, Cabletron's former chief technology officer, who is now executive vice president of Spectrum, will likely become its chief executive once it's spun off, Patel says. Analysts say that divesting Spectrum is the first part of a larger plan to prepare Cabletron for sale. Large phone-equipment makers like Lucent Technologies (nyse: LU), Siemens AG of Germany and Sweden?s Ericsson AB have been snapping up Cabletron's rivals to expand their data offerings. "Patel's biggest challenge is getting the stock up to at least $15 a share," so the company can be sold, says Esmeralda Silva, an analyst with market researcher International Data Corp. Other networking firms such as Fore Systems and Xylan have been bought for premiums of about 20% to 30%, says Silva. A similar offer based on Cabletron's current stock price may not be enough to convince the company's board to sell, but a 20% to 30% premium above $15 a share might, she says. Although Patel declined to comment on what he thinks the company is worth, he mentioned the acquisitions of Fore and Xylan as a benchmark from which to draw comparisons.

To: Tim Luke who wrote (53232)	8/14/1999 9:40:00 PM
From: ROI50	Respond to of 90042

Glad you are back Tim. Whether I agree or disagree with your picks I do enjoy reading your posts.

To: Tim Luke who wrote (53232)	8/15/1999 12:37:00 AM
From: Jane4IceCream	Read Replies (1) \| Respond to of 90042

This thread JAMS.....even on the weekend! God, they love to hate you! ....going down for a hot tub with friends.... Jane

To: Tim Luke who wrote (53232)	8/15/1999 11:24:00 AM
From: cirrus	Respond to of 90042

Well, thanks for the explanation. Welcome back. I am neither your friend or your enemy. Your picks are generally sound takeover plays, but your aggressive pushing generates unrealistic expectations - and sets you up as a big target when a play does not materialize. Of course, when you hit one, all is forgiven. Such is your style. So be it. Regarding your mental state - it appears that your friends are concerned. Let's face it, your posts have been somewhat erratic and you do tend to take things way too personally. In recent posts, you've indicated a resolve "not to sweat the small stuff". That's a start. I do wish you the best. Be cool.

To: Tim Luke who wrote (53232)	8/15/1999 12:14:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 90042

Saturday August 14, 11:38 pm Eastern Time Arms-india-missile New Delhi Vajpayee was addressing the nation from the ramparts of the 17th Century Mughal Red Fort monument on India's Independence Day. Shrugging off international pressure, particularly from the United States, not to conduct a missile test, India test-fired Agni-II, an upgraded version of Agni, in April this year. The new version has a planned range of around 2,200 km (1,375 miles) and could reach deep into China or Pakistan. Arch-foe Pakistan, which matched India's nuclear tests in May 1998, also countered New Delhi's missile test this year within days with its Ghauri-II missile. The two neighbours, who have fought three wars since their independence from Britain in 1947, were on the verge of a fourth war earlier this year when India launched a military offensive against guerrilla infiltrators in disputed Kashmir. The crisis ended after Pakistan agreed to seek their withdrawal.