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

To: Checkmate! who wrote (3328)	4/4/1998 11:09:00 PM
From: babette spatz	Read Replies (2) \| Respond to of 8358

How many more Q's with excuses are you willing to hold on? Right now the only benefit from CS is to sell and off set gains. In the market of greatest gains of all time this looser cannot obtain the confidence of all those people out there looking for beaten down stocks to place $$$.

To: Checkmate! who wrote (3328)	4/6/1998 2:27:00 PM
From: inside novell (Hijacked)	Read Replies (1) \| Respond to of 8358

Will Fast-Changing Market Eliminate Cabletron? Inter@ctive Week April 6, 1998 By Joe McGarvey and Larry Barrett Is the Big Four of the network equipment arena - 3Com Corp., Bay Networks Inc., Cabletron Systems Inc. and Cisco Systems Inc. - on the verge of becoming the Big Three? Following a perplexing shuffle in its executive ranks, which came one week after Cabletron turned in its worst financial quarter in its 15-year history, analysts and industry insiders said the Rochester, N.H., company could be on the verge of spiraling into extinction. Donald Reed resigned as chief executive officer after just eight months on the job. Other top executives are leaving without fanfare. The company has been slow to adopt switching technology in its lineup of networking gear. And several quarters of poor financial performance have now turned to red ink. ... "The future looks pretty bleak," said Tom Nolle, president of CIMI Corp., a Voorhees, N.J.-based research firm. "Cabletron must be grooming itself to be bought." ... "Why all of a sudden would Reed decide he wanted to leave?" said Dataquest Inc. analyst John Armstrong. "The whole thing is incredible." ... Reed is on his way to being cast as a slow-moving telecommunications veteran who was unable to keep up with the pace of change in the data networking industry. Yet, analysts said, Cabletron's current problems can be traced back to Reed's predecessors, Benson and co-founder Robert Levine. ... FOR FULL TEXT, GO TO: zdnet.com