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


To: Pruguy who wrote (5394)12/3/1998 1:10:00 AM
From: TheRainmaker  Read Replies (1) | Respond to of 8358
 
I am new to this company and recently bought in. I think this company is one of many to report bad quarters. The entire market is going to get wacked big time within the next two weeks.

Patience is needed....



To: Pruguy who wrote (5394)12/3/1998 8:31:00 AM
From: Paul Haynes  Read Replies (3) | Respond to of 8358
 
Remember When:

About a year to 1 1/2 years ago CS brought in a new CEO (I forget his name but I think he was from one of the RBOC's or AT&T). Does anyone remember that he was granted options with a strike price of $35? I recall that being part of his employment contract. As a long investor who had entered at 14 7/8, I liked that incentive. Well, I think those options may have been later re-priced (lower) and, of course, the CEO didn't last a year.

I think the long investors need some signs that a long-term vision of margin growth or market penetration with a diversfied product line or both is firmly in place in the company.

Paul