Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: fishweed who wrote (6910)	9/19/1999 3:45:00 PM
From: kha vu	Read Replies (1) \| Respond to of 8358

CS: Cabletron continues to struggle in market share confidence following a management change in June. <<<Weinstein expects Cabletron to report earnings of six cents a share on revenue of $355 million for its second quarter ended Aug. 31, down from earnings of seven cents a share on revenue of $370.6 million a year ago. Weinstein's estimate matches the First Call estimate. "Cabletron's switching business came on pretty strong this quarter, so I expect them to be able to beat" his earnings estimate, Weinstein said. He also thinks sales of the company's DSL platforms were strong. Weinstein said Cabletron is still losing market share to Cisco, and he is concerned that it hasn't been as acquisitive as other networking firms. Cisco, for example, announced earlier this month it would buy optical networking firms Cerent Corp. and Monterey Networks Inc. for a combined $7.4 billion in stock. >>> smartmoney.com