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


To: J Bertrand who wrote (3309)4/1/1998 9:00:00 PM
From: polarisnh  Read Replies (1) | Respond to of 8358
 
<What do you think about the resignations? Some poster on
yahoo said that the entire management staff is going to walk out. I don't see that happening, but is Benson that bad? Did everyone hate
the guy?>

Jeff,

I wasn't surprised with Steve Gray's resignation. From what I heard he had the majority of his role and responsibility removed from him therefore he was kind of set up for resignation. Mark Truhlar leaving was a surprise to me but then again I never really understood what was happening in the Spectrum side of the house.

I don't think Benson is a bad guy nor do I think everybody hates him. But if Cabletron falls some more or Craig reverts to old management habits this may not be the case for long. I also don't buy the comments that the whole management staff is going to walk. I for one am not sure that there aren't a few more weeds within management that shouldn't be plucked any ways!

Craig has his hands full and Wall Street will be watching closely.

IMHO,

Steve