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


To: Don Kleppinger who wrote (4881)9/1/1998 11:31:00 AM
From: polarisnh  Read Replies (1) | Respond to of 8358
 
Don,

It is a good article. The only problem is that Wall Street is saying, "Show me the money!" In other words, you can win all of the awards out there but if you can't convert it into new contracts and sales then who cares.

Until Cabletron can show Wall Street that it has turned the corner and is successful with the channels and new wins this stock won't move unless it gets bought out. That is unfortunate but I believe that is where Cabletron sits. You know that Lucent, Ericsson, and a few other players are licking their chops at the prices that Cabletron, Xylan, 3Com, and Ascend are currently selling for.

Cheers,

Steve