Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Logajan who wrote (5895)	4/16/1999 3:34:00 PM
From: Doug	Read Replies (1) \| Respond to of 8358

James: There are many Companies that have traded below Book; some as low as 50%. Take a look at the Oil Drillers , Oil Service sector and Nursing Homes. Nothing is impossible if failure is perceived to be so consistent.!

To: James Logajan who wrote (5895)	4/16/1999 4:36:00 PM
From: Doug	Respond to of 8358

James: A downsizing is always painful and traumatic especially when a Company is in decline. During that time there are only 2 scenarios. Either the entire Company realizes they are fighting for survival. They work hard ; morale is high and results soon follow. Alternately the entire work force are listless show no initiative and are demoralized. An example of the later would be GANDALF,a net working Company, that went into extinction and Chapter 11. Investors have to decide which of the 2 modes CS is now in. That will decide the fate for the next Q. The stock price movement and the posts certainly are of little comfort regarding that question.

To: James Logajan who wrote (5895)	4/19/1999 11:43:00 AM
From: skippy	Read Replies (2) \| Respond to of 8358

Hey Jim, I'll stand by my rumor(s). In reference to your failure to believe that 1/3 of the work force could fail a urinalysis, I'll just say that it was a "surprise" with less than 48 hours notice. Additionally, most of those tested are low level/low paid laborers. If you don't believe that the 6-7 dollar an hour employees would test at so high a percentage you obviously are not familiar with the Rochester, NH area! Anyways, my two-cents worth are always that, worth about two cents! Good-luck, Skippy......