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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 (61987)	9/22/1999 11:26:00 PM
From: Americo Burgos III	Read Replies (1) \| Respond to of 90042

You wicked little man. I should have known you would divulge the info I gave you and food for thought about Cabletron, CS. See how you work Tim? And I waited for your response. You snake you. Good going Timothy. Very good teacher, grasshopper. Alfredo, if you read this and continue to believe, you are as blind as the rest of them.

To: Tim Luke who wrote (61987)	9/22/1999 11:38:00 PM
From: R.E.B.	Respond to of 90042

Tim, I'm looking at the attractiveness of CS in light of recent results to try to "time" a takeover. Based on what I've seen, CS may have to go through another quarter or two to prove they can improve revenues before it can justify a price like $28-$30 per share. I've compared CS to COMS for example and CS needs at least another $1.09 Billion in annual sales to equal coms $13.36 sales per share number (and COMS has 2.4 times as many shares). CS needs to also prove they can turn a profit. I know CS has lots on the table and excellent prospects, but at $28 per share, that would be $4.11 Billion dollars for the company. Coms just turned in 33 cents per share earnings for the quarter and is stuck at the sub-$30 level and has a market cap at 9.62 billion. CS just turned in 7 cents per share. I guess we almost are forced to ask, Is CS worth 1/2 of what COMS is worth? My question to you is why would anyone want or have to have CS right now? As opposed to waiting to see what CS comes up with to turn sales and earnings around? Just food for thought, Thanks