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

To: polarisnh who wrote (5787)	3/23/1999 10:46:00 AM
From: Doug	Read Replies (1) \| Respond to of 8358

Another of those Quarters which has fizzled out. Wall street want predictions/pointers to Revenue& Earrings; nothing less or more. They are not interested in reengineering details or micro contracts.

To: polarisnh who wrote (5787)	3/23/1999 12:09:00 PM
From: BMcV	Read Replies (1) \| Respond to of 8358

Steve, >> If Cabletron had announced that they were looking to expand their business going forward...<< how exactly are they supposed to do that? "Hey, guys, we're tired of losing market share so instead we're going to start expanding our business going forward!" >>instead of unloading their manufacturing portion then you could say that it was bullish.<< outsourcing manufacturing is a start in the right direction. It's also a sign that things might be changing at CS. You're right it would be nice to announce huge contract wins, but that's not going to happen until CS gets its ship in order. I think smart money buys when the pieces are in place for a turnaround -- not after the fact. That said, CS has been a tough one and I'm sure you've done better being out of it then I've done holding. Certainly didn't expect this reaction to yesterday's earnings.