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

To: BMcV who wrote (5800)	3/23/1999 5:21:00 PM
From: Serge Collins	Read Replies (2) \| Respond to of 8358

I don't think today's slide is indicative of much. The stock actually opened higher, but started to slide with the market. I think those who bought recently and anticipated the stock going above $11 or $12, started to bail out once they realized the stock was headed back below $10. After that, the slide just fed on itself, helped along by the overall market. You can view today's action as a classic shakeout as it got rid of a lot of traders who tend to depress any share price whenever it gathers a head of steam. The fact that the stock is back to where it was before this latest news tells me the selling was overdone. The restructuring will save the company from $50 to $80 million a year at the same time as it migrates to sales of higher margined product. These savings amount to about $0.30 to $0.45 per share. If their sales hold up and they are successful with this restructuring, and we have no reason to think it won't, CS will have a decent year. As such the argument can be made that, on a valuation basis, CS is undoubtedly the best value in the networking sector and probably in all of the tech sector.

To: BMcV who wrote (5800)	3/24/1999 10:07:00 AM
From: Doug	Respond to of 8358

Bruce:Many thanks for a great and intelligible exposition of the new Org. I am not sure why they are not willing to put up a "FOR SALE" sign. It will atleast help them to clearly establish their NET worth and then decide a course of actions. I get the feeling that the MGMT are all part of the MAC (Mutual Admiration Club) with every one refusing to face up to the issues. In such a climate Mgmt are apprised only after the events have occurred. Our heading now seems flat to down. Meanwhile I continue to be reminded by my near and dear of my Investment follies.

To: BMcV who wrote (5800)	3/24/1999 12:41:00 PM
From: 4finger	Read Replies (1) \| Respond to of 8358

I (and IDC) challenge the notion that CS "lost ground" in the network management arena. Even the VARs who Cabletron have successfully alienated over many years generally concede that there is none better than Spectrum. Having said that the ground changes fast and the "hidden asset" better be harvested while it represents competitive advantage. I for one, view the recent restructuring as more than window dressing and a welcomed focus on the core competency. ROCHESTER, NH - October 9, 1998 -- Cabletron Systems (NYSE: CS) today announced its network management platform SPECTRUM has earned the number two position in the SNMP network management platform category. According to a September International Data Corporation report titled the Future of Network Management Platforms, 1998-2003, SPECTRUM has 25 percent of the total worldwide revenue in this space and has advanced to the number two position for 1997 from the number three position in 1996. This five percent gain puts SPECTRUM only 1.3 percent behind the current leader, HP Openview and further widens its advantage over IBM's Tivoli TME. "SPECTRUM's core appeal is its network know-how. Intimate knowledge of enterprise and broadband network equipment [management] technologies is a key asset for Cabletron." wrote Elisabeth Rainge in the IDC report. "Three years ago we displaced two market leading management platforms with SPECTRUM," Said Dave O'Shea Manager of Network Operations at Williams Communications a $1.5 billion, North American, single-source provider of business communications equipment and multimedia integration services for data, voice, video, and advanced applications. "We found SPECTRUM to be the solution most capable of handling a critical part of one of our most important strategic services -- remote network management. SPECTRUM was the best fit because of its scalability, flexibility, and history of backward-compatible upgrades during the evolution of the system." "Cabletron's software business is growing rapidly," said Cabletron's Vice-President of Worldwide Software Sales, Terry Seymour. "Our internal software organization is blossoming and it's fostered a new industry leading solutions approach to software sales. SPECTRUM is penetrating the market as a complete solution that maps a customized set of software and services to the strategic business goals of an organization." About SPECTRUM For more than seven years, SPECTRUM Enterprise Manager has been cost-effectively guiding business information systems to new heights of productivity and unlimited success. Today's SPECTRUM is multifaceted and offers increased service-level management, performance and ease of use for the scalable convergence of IS operations, telecommunications and business administration. An industry-leading management framework with remarkable intelligence, performance scalability and powerful network, systems and application control capabilities for both enterprise and service providers, SPECTRUM is the smarter choice to take your business to the 21st century and beyond. About Cabletron Cabletron Systems is a pioneer in high-performance computer networking and provides dependable network access and communications to millions of people worldwide. With scaleable products designed for Fortune 1000 enterprise networks, service providers and small businesses, Cabletron provides simple, reliable and cost-effective business solutions for the information age. Cabletron's World Wide Web site can be reached on the Internet at http:// www.cabletron.com.