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


To: Claude Edelson who wrote (2806)1/14/1998 4:24:00 PM
From: Sowbug  Read Replies (1) | Respond to of 8358
 
DJ 13:20 [CS] *CABLETRON COULD ADD 5.5M SHRS IF STK PRICE MISSES TARGET
DJ 13:18 [CS] *CABLETRON CONFIRMS TO BUY YAGO SYSTEMS FOR 6.1M SHRS
DB 13:16 [CPQ,T,CS] NYSE ACTIVES ON DAY: COMPAQ, AT&T, CABLETRON.

Oh, my aching head. But it could have been worse... a friend of mine bought a ton of Jan 20 calls today on the CS/LU rumor.

What does the thread think about the "ADD 5.5M SHRS IF STK PRICE MISSES TARGET"? Sounds bad because the buyout could be even more costly, but it could be good if it's a pointed incentive for the company to get the stock price up (e.g., Sunbeam, AT&T).