Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BMcV who wrote (5562)	1/15/1999 9:14:00 AM
From: Vijay Sonty	Respond to of 8358

Bruce: I agree with you. Starting Bid would be $1.5 billion for Spectrum. Spectrum beats Bay's Optivity, 3Com's Transcend, HP Open View hands-down. It is a great tool and its popularity is rising. I am holding 2500 shares of CS and inside info says we will see CS at $18 within 12 months or sooner. CB has agreed for selling his holdings. If the sale doesn't happen this year, it is all over for CS.

To: BMcV who wrote (5562)	1/15/1999 10:55:00 AM
From: 4finger	Respond to of 8358

I tend to agree that the $1 billion dollar number may be on the low side, in this marketplace. Anything related to network management or network security commands a pretty huge multiple on REV these days. Although certainly not an apples to apples comparison look at the likes of Checkpoint at $2 Billion market cap on trailing 12 of $100 MM and change. Even the VAR's who crap all over CS on every other front seem to agree that Spectrum is a force in net management, so maybe it's not too far fetched to believe it's worth $1 Billion plus. The problem is, will Benson ever allow that value to be realized or will he keep the CS millstone around their neck. My wishful thinking is that the Merrill rumours may point to the possibility of a spin off.