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

To: Captain James T. Kirk who wrote (4147)	6/23/1998 11:04:00 AM
From: Teflon	Read Replies (1) \| Respond to of 8358

Captain, We just had earnings estimate cut for the year by Lehman Brothers. This is GOOD news for the long term. Thanks, Teflon

To: Captain James T. Kirk who wrote (4147)	6/23/1998 1:53:00 PM
From: WTSherman	Respond to of 8358

As I've expressed quite a few times on this thread, CS management is historically unable to meet even the most modest goals it has set for itself. As they say in Texas "this dawg don't hunt". There is no major turnaround coming for the company and its best(if not only) hope is that someone in the industry thinks its worth a little more than the market is willing to pay for it today. The chart tells all on this wreck, compare it to any of its competitors over any period you like from 3 months to 7 years and you'll see that it has the worst performance of the group over 3mos, 12 months, 24mos, 36, 48,60,72, etc. This is a record of failure that's hard to comprehend in a market segment that has grown as rapidly as this and creatd as much wealth as this one has. The only danger to shorting this dawg is if a white knight shows up, otherwise it'll just keep slip slidin' away...