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

To: Trey McAtee who wrote (5677)	3/9/1999 2:43:00 PM
From: George A. Roberts	Read Replies (1) \| Respond to of 8358

What happens if they pre announce that they are not going to make the quarter? Are we down far enough that all the potential negativity is discounted in the share price? If we get hammered much below the $7 level and nobody makes an offer to buy the entity it would signal disaster. If in my view as no interest generated at lower price levels it spells chapter 11. Management may just be stubborn enough to ride this one down to zero, all they lose is the stock options as they still get salary. We the shareholders will get nothing if that occurs. George