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


To: Pruguy who wrote (5519)12/31/1998 12:25:00 AM
From: FNS  Respond to of 8358
 
Pruguy: Re <<sold 1/4 of my original position,,>> - more selling to come tomorrow IMO. I think I took enough tax losses this year.

Anybody have a clue regarding the sales VP Carl Boisvert? Wonder if he's got the gonads to rejuvenate - or build - a sales team!!! And if Benson doesn't find a replacement for himself in the next month, the street will punish CS, IMO.

In order to survive, CS needs a strong willed cut-throat SOB to run the company at this juncture. Benson must go! IMHO. My gut tells me that the new cable products due in 2Q are simply too late...CSCO, COMS, and LU are eating CS's lunch...Oh, well, maybe some contrarion or "value" (?) minded fund manager will start buying and pump up the stock! (such wishful thinking!)

Hope next year all.

FNS