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


To: John Ritter who wrote (5834)3/31/1999 11:18:00 PM
From: Trey McAtee  Respond to of 8358
 
john--

just be patient and KNOW that if the company is sold, there will be a premium to sales. we are currently trading below P/S, and i would expect at least 2x sales to be the number which puts us around 17/share.

dont worry about premium to market. its sales that count.

the best thing about all this is that CS is being priced with no takeover premium. this is a huge oversight which will be corrected.

good luck to all,
trey