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

To: fut_trade who wrote (2479)	12/3/1997 2:10:00 PM
From: johny	Respond to of 8358

What's this? CS at the low of the day, while COMS at the high of the day? What sort of transvesti is this? Incidently CS will still have more earnings per share than COMS, even though it is selling at less than half the price, and at a 5 year low.

To: fut_trade who wrote (2479)	12/3/1997 2:39:00 PM
From: Triluminary	Read Replies (1) \| Respond to of 8358

All, TheStreet article mentioning Cabletron ... thestreet.com The trader says many pros now expect profits of $1.00 to $1.10 per share for fiscal 1999 (down from the average estimate of $1.96 per share currently registered with First Call). He expects Cabletron shares to trade at 15 to 20 times that number -- which amounts to a price range of roughly 13 5/8 to 22. Cabletron now sits at 15 3/4, about 10 times trailing profits. Regards, mark_b