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


To: skippy who wrote (4799)8/21/1998 6:56:00 PM
From: Joe Steele  Read Replies (1) | Respond to of 8358
 
how many times have heard this before?

something's been brewing many times, from the secret inventory counts on the weekends to the LU bids. I pray that you right, but pardon me for being skeptical. I am averaged at about 15, and have averaged down too many times to do it again. i think like the fellow before has suggested the best thing to do is a long straddle. something's going to happen, who knows good or bad, but either way you win.

-g



To: skippy who wrote (4799)8/21/1998 11:25:00 PM
From: Pruguy  Read Replies (2) | Respond to of 8358
 
WOW Skippy, I thought you gave us up for dead. Sure would be nice if you could give us more details....what is the martini product? what is the manufacturing problem? Are they getting the products out to anyone? What does the product do? Are they selling this at a high margin or low one? Any guess on potential revenue or profit impact going forward? any details would be very helpful to all of us CS longs, and hopefully want to make the shorts cover themselves....



To: skippy who wrote (4799)8/24/1998 3:31:00 AM
From: BMcV  Read Replies (2) | Respond to of 8358
 
Good work, skippy. Did we ever decide what Martini was? I seem to recall Harold S or someone saying that it was one of the products they acquired through acquisition, maybe the SSR from Yago, but I think rather the NETVA line. The only thing is that the NETVA seems to be not earth-shakingly new, just a matter of filling out their offerings.

The build, test, repair, ship model is not going to be great for margins.