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To: Moonray who wrote (29086)	3/19/1999 12:24:00 PM
From: W.F.Rakecky	Read Replies (1) \| Respond to of 45548

Analysts: Cabletron may be bought out By Wylie Wong Staff Writer, CNET News.com January 6, 1999, 4:50 p.m. PT Wall Street analysts say Cabletron Systems is an attractive acquisition target for telecommunications companies, as media reports claim the troubled network equipment manufacturer may be seeking a buyer. The New York Post today reported that Cabletron has hired investment bank Merrill Lynch to find the company a buyer. Rochester, New Hampshire-based Cabletron, which has posted losses in three of its last four quarters, aims to raise as much as $2.5 billion in a sale, according to the report, which cited an anonymous source close to the situation. Cabletron executives today declined to comment on the report or whether the firm had hired the investment banker. Cabletron chief executive Craig Benson has said in the past, however, that his company is not for sale. Merrill Lynch executives could not be reached for comment. >and another one bites the dust<