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


To: BMcV who wrote (5487)12/21/1998 5:52:00 PM
From: WTSherman  Read Replies (1) | Respond to of 8358
 
These guys will never, ever learn! Revenues down from a year ago, cost of sales up, GP down... This is a joke, as has been the case for years the company's sales expenses continue to skyrocket as they pursue a strategy that they can win business by schmoozing their customer's to death! This is a company that is far behind in products and, yet, they increased their sales expenses more than they did their R&D expenses over last year. You CANNOT win in this business like that. The company's that are winning are the ones with the best solutions, not the one's that play golf with you most often.

The crash an burn of this company continues...