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


To: Doug who wrote (3169)3/11/1998 5:43:00 PM
From: SJ - Stephen  Respond to of 8358
 
I though IT screwed up again,,,

Block Trade - Cabletron Systems 523,800
Reuters Story - March 11, 1998 13:18
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shares at 13-1/2, down 1/4, crossed by HSBC Securities.

newsalert.com

SJ



To: Doug who wrote (3169)3/12/1998 12:48:00 PM
From: WTSherman  Read Replies (1) | Respond to of 8358
 
This is a sad company and truly the weak sister of its industry. The management has 0( that's " ZERO") credibility left with the market. Chart this stock out week by week for the past five years and almost without exception you will find that it has been the poorest performing networker in the whole group. As has been pointed out here, most of the networkers have tripped from time to time, some have been grossly overhyped, like ASND and XYLN, and then come down to earth. But, none of them has the dismal record that CS has. Best hope here is a takeover, but, its going to go lower before that becomes remotely possible. Big question is who would want this?????