Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rob Skaff who wrote (4080)	6/22/1998 5:15:00 PM
From: Harold S.	Read Replies (1) \| Respond to of 8358

Rob, Based on the conference call do you believe we have turned the corner??? Someone posted they said gross margins next quarter should be back up to 40% as inventory excesses are eaten away...did they expand on that?? Can you tell us anything else?? Did they mention this aquisition announced today??

To: Rob Skaff who wrote (4080)	6/22/1998 5:23:00 PM
From: kech	Respond to of 8358

Rob - There is a $150 million special charge for Yago which reduces net income a lot. Most folks are looking at the .04 figure though which involves operating earnings before the special charge. Is there some other accounting change that depresses operating earnings? Tom

To: Rob Skaff who wrote (4080)	6/22/1998 5:32:00 PM
From: Doug	Read Replies (1) \| Respond to of 8358

Rob: The report had a few +ves. Sales have improved considerably over the last quarter. They are now back to old levels ($365m); possibly due to DEC's contribution. R&D and SG&A expenses had to be stepped up and this must be expected if the Company is to turned around. On the negative side cost of Sales seems to have increased. If this is correct,what are the reasons.? If the operating expenses can be cut without prejudice to sales, there is reason to be a little optimistic based on the numbers.