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

To: Doug who wrote (4883)9/1/1998 3:30:00 PM
From: polarisnh  Read Replies (1) | Respond to of 8358
 
Doug,

There is one major difference between Boeing and Cabletron. Boeing is the world's largest aircraft manufacturer with a backlog of contracts that will last for the next 10 years and provide guaranteed earnings. Cabletron needs to make the next quarter or two positive or they won't have to worry about the next 10 years.

I'm not saying that they won't survive if the next few quarters aren't positive. I'm saying that analysts and potential customers have a real confidence problem with Cabletron right now. Example: Don Reed

I hope that they will have a good quarter and provide some upward momentum.

Cheers,

Steve




To: Doug who wrote (4883)9/1/1998 3:31:00 PM
From: BWAC  Read Replies (1) | Respond to of 8358
 
Cs can't do a stock buyback and then issue stock for NETVA, etc.
Reason: The IRS idiots would then not allow the pooling of interest method to be used in the purchase. They would view the buyback as
a way to get shares to reissue to NETVA, etc. And require the purchase method of accounting to be used.

Sorry


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