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

To: Pruguy who wrote (5157)	10/2/1998 1:23:00 PM
From: wgnfan1	Read Replies (1) \| Respond to of 8358

AG Edwards ups Cabletron Systems to Accumulate from Maintain 13:13 Dow Jones News Wires

To: Pruguy who wrote (5157)	10/2/1998 1:24:00 PM
From: Roy F	Read Replies (1) \| Respond to of 8358

Benson Says Internet Stifles Innovation At Comnet Keynote; Cabletron CEO calls for a more reliable, dependable Internet supporting next generation technology October 2, 1998 01:13 PM ROCHESTER, N.H.--(BUSINESS WIRE)--Oct. 2, 1998--Craig Benson's keynote address at Comnet addressed how the Internet's infrastructure can not support technology of today such as voice and video applications, and most certainly will have issues supporting technology of the future. "The net should be an enabler; not a holdback to innovation. The Internet is not well-suited for voice and video. It drives a data infrastructure," says Benson, CEO, Cabletron Systems. "Many customers would have voice and video on their Web site if the 'Net could handle the size of the downloads. Instead, they have to dummy down their site because the Internet can't handle it." Benson also focused on the unreliability of today's networks and the constant demand for more bandwidth. As networks become the focal point of business, reliability as well as accountability becomes crucial. "Networks are a black hole to most people. They need to be more utility-like. They must be scalable and manageable in order to deliver enhanced business value," explains Benson. "Giving downloaded clips of the elaborate screen savers the same priority as mission critical applications such as SAP doesn't make sense. Network managers need to figure out what applications are running on their networks and portion bandwidth accordingly." Achieving Utility-Like Networking: In an effort to remedy the situation, Benson sees a real need for multi-vendor networks and a realization that one-stop-shopping is a fantasy. "No other utility depends on a single provider to provide the components of its infrastructure. Today's reliable utilities required decades of cooperative industry standards development, which enabled companies to build infrastructures that carry electrical, water, phone, sewer and natural gas services," explains Benson. "Customers want reliable, best-of-class solutions, and do not want to be tied into the future of any single vendor." To realistically reach that utility-like reliability, Benson looks to the uses of management platforms that will enable network managers to do their jobs effectively, keep costs down and keep the company's most valued resource, the network, up and running. "Network and systems management platforms should allow a manager to unlock the "intelligence" in the network --making sure that network usage and performance matches the requirements of the business," says Benson. "Detailed accounting capabilities, Policy-based Usage and Quality of Service, Increased Security and Authentication, Ease of mobility and Asset Utilization are all components to aid the network manager and the business." A copy of Benson's speech is available on the Cabletron's World Wide Web site at cabletron.com. Craig Benson is chairman and chief executive officer of Cabletron Systems, one of the world's largest and most successful networking companies. Along with partner Bob Levine, Mr. Benson founded Cabletron in 1983. Cabletron has grown from a two-man operation in 1983 to a $1.4 billion market leader. Mr. Benson, along with partner Mr. Levine, was named "Entrepreneur of the Year" in 1991 by Inc. magazine. He graduated from Babson College with a degree in finance and an MBA from Syracuse University. About Cabletron Cabletron Systems,the premier provider of enterprise-class networking solutions, offers dependable network access and communications to millions of people throughout the world under its Smart Networking architecture. With scaleable products designed for Fortune 1000 enterprise networks, service providers and small businesses, Cabletron provides simple, reliable and cost-effective business solutions for the information age. Cabletron's World Wide Web site can be reached on the Internet at cabletron.com. Cabletron and SmartSwitch are trademarks or registered trademarks of Cabletron Systems.