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


To: zrm who wrote (7990)5/16/2000 5:09:00 PM
From: John Liu  Read Replies (1) | Respond to of 8358
 
Where did you hear that?

John



To: zrm who wrote (7990)5/30/2000 12:57:00 PM
From: 4finger  Read Replies (3) | Respond to of 8358
 
Is it just me or does this smell bad?

I was reading some of the fine print on the transaction that took Segate private. As you may know, our buddies at Silver Lake Partners engineered this transaction. What I only just discovered though, is that the investor group included Goldman Sachs Hmmmm? So let me see Goldman downgrades CS handing it a massive haircut and a couple of weeks later Silver Lake and CS announce that Silver Lake has increased their stake in CS at a 35% discount.

How convenient!