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


To: Wally Mastroly who wrote (3238)3/23/1998 5:11:00 PM
From: Peter Yang  Respond to of 8358
 
I don't see today's earning report affects CS's stock price much since the results are expected. When CS warned in early March, it was expecting a small loss or break-even quarter.



To: Wally Mastroly who wrote (3238)3/24/1998 11:59:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 8358
 
Cabletron cuts 180 manufacturing jobs

biz.yahoo.com

"The layoffs, representing about three percent of Cabletron's worldwide workforce of 6,900 workers, come three months after the computer networking company cut 600 jobs to streamline its organization and reduce costs."