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

To: Pruguy who wrote (5127)	9/29/1998 8:37:00 AM
From: BMcV	Respond to of 8358

CS expanding YAGO operation -- biz.yahoo.com Cabletron Expands Presence in Silicon Valley With New R&D and Manufacturing Center Facility to House Over 400 People SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 29, 1998-- Cabletron Systems (NYSE:CS - news), the premier provider of enterprise and carrier-class networking solutions, today announced the opening of a new research and development center in Sunnyvale, Calif. Housing over 400 engineers, sales and marketing professionals, the center will focus on developing and marketing best-of-breed networking technology, including the company's award-winning SmartSwitch Router, SmartSwitch and SmartSTACK products. The new facility will be managed by former Yago Systems CEO, Piyush Patel, now senior vice president engineering of Cabletron's West Coast division. ''We are very excited to be expanding our foothold in Silicon Valley, '' said Patel. With an already strong presence on the East coast, this facility will enable Cabletron to attract new talent and to enhance its position as a leader in the networking industry.''

To: Pruguy who wrote (5127)	9/29/1998 8:42:00 AM
From: BMcV	Read Replies (1) \| Respond to of 8358

Evidence of CS's "backward compatibility" as a competitive advantage (supposedly Cisco's products are designed to be completely replaced every 18 months)-- biz.yahoo.com Tuesday September 29, 8:07 am Eastern Time Company Press Release Cabletron Announces the 5Th Year Anniversary of the MultiSwitch 900 Chassis Achieves Impressive Milestone of Over 42,000 Chassis Sold Worldwide SAN FRANCISCO--(BUSINESS WIRE)--Sept. 29, 1998-- Reaffirming its support of the critical needs of multitechnology networks, Cabletron Systems (NYSE:CS - news) today marked the fifth anniversary of the MultiSwitch 900 and its attainment of its 42,000 chassis milestone worldwide. For more than five years, the eight-slot MultiSwitch 900 chassis has been the cornerstone of networks in various vertical markets such as banking/finance, government, education, and healthcare and has continually provided next- generation networking to customers worldwide. ''The MultiSwitch 900 has been a steadfast, reliable product to thousands of network managers worldwide,'' said Craig Benson, CEO of Cabletron Systems. ''This product and next-generation switching and routing modules are proof points of Cabletron's strength - investment protection and customer satisfaction. This product set is so important to our installed base that we will continue to support it until the year 2007.'' ''The MultiSwitch 900 platform is indeed an incredible platform,'' said Michael Howard, president of Infonetics. ''It has provided customers the flexibility in building their network infrastructure and continues to offer true investment protection. We're pleased to see that Cabletron is continuing the development of new modules and look forward to new technologies such as Gigabit Ethernet for the platform.'' With its 5.6 Gb/s distributed switching fabric, the MultiSwitch 900 system delivers unmatched multilayer switching performance and supports a full complement of packet and cell-based technologies. Its software-definable, multitechnology backplane makes it easy to reconfigure your network, add a new LAN technology, or create virtual LANs with simple software commands. Today, customers can choose from more than 50 currently shipping modules to populate their MultiSwitch 900 chassis. In addition to the MultiSwitch 900 modules, the chassis supports all MultiSwitch 600 and DEChub 90 modules. Each of these modules installs in seconds and can be hot-swapped, maximizing uptime and easily accommodating changing network configurations.

To: Pruguy who wrote (5127)	9/29/1998 4:04:00 PM
From: starpopper	Read Replies (1) \| Respond to of 8358

The discount spread works as long as you are averaging down netva while cs was dropping...problem was I didn't get enough netva at $4 and lower before we started the rise! Do the math, I think you will find that the arb works. The main loss occurred in my initial CS position at $12.50 which I liquidated at an average $10.5 after realizing CS was headed substantially lower. The margin loss at $6 would have killed me! Now, my current position has to recover all my losses previously before I see any real return. Long term I like what CS is doing and the prospects for an independent or merged entity! CS at $35 within 12-18 months should be easily attainable and I hope we are all still here to enjoy it! I for one won't be selling my shares until AT LEAST $30 unless fundamentals change! $tar.