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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: Jeff Guy who wrote (58290)	9/10/1999 11:45:00 AM
From: Ed K	Respond to of 90042

Just received a rumor posting from stockrumors.com: Here's the latest entry in the Rumor Mill: Cabletron Systems (CS) makes routers, switches, and other hardware devices that let computers talk to each other in a geographically dispersed or office/home network (known as a LAN). The company also provides network management software and related services. Cabletron's direct sales force and distributors market to government (15% of sales), commercial, industrial, manufacturing, financial, and educational customers worldwide. The company is using acquisitions to expand its product line. We are hearing rumors that good news will soon surface regarding this company. Recent positive price and volume momentum add weight to this rumor. Technical indicators suggest the stock will move higher. Note: Cabletron is expected to report second quarter earnings within the next two weeks. The company has not set an exact date. The Street projects Cabletron will earn 6 cents per share for the second quarter. When the company confirms a release date, Stockwinners.com will notify members through a Market Alert. Analysts expect Cabletron to earn 34 cents per share this year and 60 cents in 2000, a growth rate of 74.94 percent. The firm's price-to-book ratio of 2.73 is much less than the industry (6.93), sector (15.20) and S&P 500 (5.57) averages. Experts estimate the company's five year sales growth rate at 18.56 percent. Brokerage houses currently rate the shares with one "strong buy", 5 "moderate buys", thirteen "holds" and two "strong sells". Over the past 52 weeks, the stock has traded between $7 3/16 and $18 1/4. Shares last traded at $17 7/8. Should you decide to invest, use a stop loss of $16.