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

To: Thomas George Warner who wrote (2559)	12/5/1997 9:36:00 AM
From: WTSherman	Read Replies (2) \| Respond to of 8358

TGW, my post was about two things...first, CS is behind the curve in terms of its product mix(that's not my opinion, its an industry consensus), secondly, they have become very fat and happy and believed that they could keep business flowing by spending endless amounts of money on "buying" their customers(but, not delivering the products that the market wanted). As regards my stock analysis....if I read my charts correctly the stock today is lower than it was 4 YEARS ago...that not very impressive in a market segment that has grown almost 200% in that period. So, now tell me again why its not fair to say this company is in trouble? The stock price today is a reflection of what the market thinks the future prospects of CS are like...obviously, there are lots of people that are not as sanguine about the future for CS as you are.

To: Thomas George Warner who wrote (2559)	12/5/1997 8:42:00 PM
From: WTSherman	Read Replies (2) \| Respond to of 8358

TGW, if you have any question in your mind about the long term stock performance of CS versus its competitors just click on charts(at the left) and do a 48 month comparison chart of CS, CSCO, BAY, ASND, NN and COMS. Guess which is the only stock among that group that shows a LOSS over the past four years? While several of them have gains of +600%. Even BAY shows some sort of substantial gain and they have not exactly had a happy run over the past couple of years. Of the major networking companies this is the WORST performing stock of the bunch. A big time shake up is what is needed here and some serious cost controls... If they make the right moves they can turn things around, but, a four year downtrend in the networking business would not inspire much confidence if I was a stockholder. I'm not...thankfully.