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


To: billy97 who wrote (4745)8/14/1998 11:23:00 PM
From: Peter Yang  Respond to of 8358
 
Well, at least we know CS won't drop much more from here because the SPECTRUM division alone is worth over 1 billion, based on the story from last issue of PC Week that a vendor offered 1 billion for that unit. The current market cap for CS is about the value of SPECTRUM plus cash on hand. I think a hostile takeover would be inevitable if it drops more. I'll add more shares as soon as the market calms down. When's the earning coming out? Thanks,