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

To: Pruguy who wrote (4121)	6/23/1998 1:32:00 AM
From: Ling Chen	Respond to of 8358

CS top management really had problem. They have no vision. I remember one year ago FORE got trouble, there are a lot of rumors that CS was going to buy FORE. At that time CS was traded at $40 plus. At that time, they definitely had power to acquire FORE, FORE was traded at $13-$17 level. They didn't and came out denied the rumors. I don't know why at that time they didn't use their stock price and some cash to acquire FORE(has very hi-end products and technology company). They didn't know that they had no leading-edge technology to sustain their growth. Right now seems like that they understand their problem and try to acquire some companies, but it's really not very good time to use their such low stock to acquire some companies. While ASND was very smart to use their stock price to acquire CSCC(Cascade). I heard these few quarters actually orginal CSCC products are selling very well. That's why ASND stock is doing quite well right now.