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

To: unctarheel who wrote (7538)	2/4/2000 2:11:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 8358

>>...what each dollar increase in EFNT means to CS's earnings? I believe it would only affect CS's earnings if they sold a portion or all of their holdings. Otherwise the only change would be on their balance sheet.

To: unctarheel who wrote (7538)	2/5/2000 11:36:00 PM
From: R.E.B.	Read Replies (1) \| Respond to of 8358

You would think that the increase in EFNT would create an arbitrage situation in CS because of the increase in value that is not showing up in the price of CS.... but history and the market will show that until the shares are actually turned into cash, CS will get very little "boost" from EFNT..... believe it or not, EFNT could double in value to $200 per share and CS may only go up a buck... go figure, but it happens that way all the time. Smart investors think that CS is a bargain, and other Smart investors think that the price of EFNT will not hold..... Choose your side, take out your sword, draw a line in the sand, and dare anyone you can find to cross it. If you're right, you get a new truck. If you're wrong, you get experience.