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


To: starpopper who wrote (5422)12/3/1998 10:14:00 PM
From: Aryl Kohrs  Read Replies (1) | Respond to of 8358
 
Just so I can gage your confidence...how much is a power position



To: starpopper who wrote (5422)12/4/1998 12:47:00 AM
From: FNS  Respond to of 8358
 
starpopper: Re; <<However, my buyout target price has been dropped from $27 to $18...at that price I see a deal within the next 2 months!!! $weet Dream$>>

No pun intended, starpopper, but what star are you looking at? Can't be CS galaxy that you're talking about! I don't think Benson has the brains to recommend an acceptance of $18... Unfortunately, I hate to see this company go the same fate as APM under CEO Crisman (as you may recall, he tried to buyout RDRT!!! while blind sighted by his own gonads/ego, or whatever...so it appeared!). Now Benson faces the same challenge -- to turn this company around or loose total face! and the company!

NO excuse for 'pricing pressures'...you compensate by cutting UNNECESSARY overhead costs! And there is certainly a lot of waste and redundancy currently in the company due to the various DEC and other company acquisitions...simply piss poor management! (IMHO)

FNS