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


To: R.E.B. who wrote (7176)11/22/1999 3:45:00 PM
From: 4finger  Read Replies (1) | Respond to of 8358
 
I love this move. The sum of the parts argument that analysts have been using to arrive at $35/share just got confirmed with this transaction. Most analysts had Flowpoint valued at around $5/CS share which is basically what this transaction works out to. This shows that management is serious about realizing shareholder value.
It also sends a message to any potential buyers of the remaining pieces, that if you are interested, you had better step up to the plate sooner rather than later.