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

To: Ron Dior who wrote (5320)	11/23/1998 4:48:00 PM
From: Ron Dior	Respond to of 8358

Cabletron Rises on Optimism for Strong Sales of New Products Rochester, New Hampshire, Nov. 23 (Bloomberg) -- Cabletron Systems Inc. shares rose as much as 13 percent, climbing for a fourth day, amid optimism that the company's newest computer- networking products are boosting sales and profit. Cabletron rose 1 11/16 to 15 1/4 in late trading of 3.82 million. Earlier, the shares touched 15 5/16. The shares have gained 32 percent since Tuesday. Two market researchers said last week that Cabletron more than tripled its share of the market for so-called Layer-3 switches in the third quarter. The company's SmartSwitch router line, which is more profitable than its older gear, gives Cabletron a leading product in one of the fastest-growing parts of the networking-equipment market. ''The new products are going to drive sales and margins higher,'' said Joseph Bellace, an analyst with Merrill Lynch & Co., who today raised his rating on the company's stock to ''near term accumulate'' from ''near term neutral.'' As sales of the SmartSwitch Router contribute a higher percentage of Cabletron's total revenue, they will help widen the company's overall profit margins, Bellace said. Rochester, New Hampshire-based Cabletron acquired the products when it bought Yago Systems Inc. in March. According to the Dell'Oro Group, Cabletron's share of the market for Layer-3 modular switches rose to 32.8 percent in the third quarter from 8.7 percent in the second quarter. 16:08:50 11/23/1998

To: Ron Dior who wrote (5320)	11/23/1998 5:03:00 PM
From: FNS	Read Replies (1) \| Respond to of 8358

Ron, if you're on board,"welcome aboard"...if not, you can wait for the big breakout to come (16-16 1/2) or wait for some back filling. Surprisingly, CS is working through a lotta supply between 13 - 16 and has been moving 6%-10% for the past few days. The telecoms are real hot! and, even more, - the internets. Re: <I think with some upgrades and a hot market we should see the 20's by the end of this week> Not likely since CS is not a YAHOO...but if you have patience CS will be OK. I think the products are doing well and risk is minimal..for me, I'm using a stop of 11-11 1/2. Overall tech market momentum is incredible...a blow off now could do lots of damage. I like your positive statements....good luck. FNS