CABLETRON SYSTEMS INC
10-Q/A, 1995-08-18
COMPUTER PERIPHERAL EQUIPMENT, NEC
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                   SECURITIES AND EXCHANGE COMMISSION

                        Washington , D.C. 20549



                              Form 10-Q


             [x] QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934

                     For the Quarter Ended May 31, 1995

          [  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                        Commission File Number 1-10228


                            CABLETRON SYSTEMS, INC.
            (Exact name of registrant as specified in its charter)



          Delaware                                    04-2797263
(State or other jurisdiction of                    (I.R.S Employer
 incorporation or organization)                   identification no.)


              35 Industrial Way, Rochester, New Hampshire 03867
            (Address of principal executive offices and Zip Code)


Registrant's telephone number, including area code: (603) 332-9400


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months, (or for such shorter period
that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.

                         YES -  X          NO

As of July 6, 1995 there were 71,638,946 shares the Registrant's common
stock outstanding.



This document contains 13 pages


Exhibit index on page 11

                                  INDEX

                          CABLETRON SYSTEMS, INC.

                                                                    Page
                                                                     No.

Facing Page                                                           1

Index                                                                 2


PART I. FINANCIAL INFORMATION

Item 1. Financial Statements (unaudited)

Consolidated Balance Sheets - May 31, 1995 and February 28,1995       3

Consolidated Statements of Income - Three months ended May 31,
1995 and 1994                                                         4

Consolidated Statements of Cash Flows - Three months ended
May 31, 1995 and 1994                                                 5

Notes to Consolidated Financial Statements - May 31, 1995             6

Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations                                 7-8


PART II. OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K                              9

Signatures                                                           10

Index to the Exhibits                                                11

Exhibit 11 - Statement re: Computation of Per Share Earnings         12

Exhibit 27 - Financial Data Schedule                                 13

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.





                                   CABLETRON SYSTEMS, INC.
                                   Registrant
     July 5, 1995                  /s/ Craig R. Benson
        Date                       Craig R. Benson
                                   Chairman of the Board,Treasurer,
                                   and Chief Operating Officer


     July 5, 1995                  /s/ David J. Kirkpatrick
        Date                       David J. Kirkpatrick
                                   Director of Finance and Chief
                                   Financial Officer   



<TABLE> <S> <C>

<ARTICLE> 5
<CIK> 0000846909
<NAME> CABLETRON SYSTEMS, INC.
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          FEB-28-1996
<PERIOD-END>                               MAY-31-1995
<CASH>                                         $75,464
<SECURITIES>                                   157,740
<RECEIVABLES>                                  117,672
<ALLOWANCES>                                     9,080
<INVENTORY>                                    109,504
<CURRENT-ASSETS>                               484,078
<PP&E>                                         202,470
<DEPRECIATION>                                  75,261
<TOTAL-ASSETS>                                 773,586
<CURRENT-LIABILITIES>                          136,472
<BONDS>                                              0
<COMMON>                                           716
                                0
                                          0
<OTHER-SE>                                     636,398
<TOTAL-LIABILITY-AND-EQUITY>                   773,586
<SALES>                                       $240,754
<TOTAL-REVENUES>                               240,754
<CGS>                                           97,433
<TOTAL-COSTS>                                   97,433
<OTHER-EXPENSES>                                73,317
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             (3,625)
<INCOME-PRETAX>                                 73,629
<INCOME-TAX>                                    25,328
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    48,301
<EPS-PRIMARY>                                   $0.681
<EPS-DILUTED>                                    $0.66
        

</TABLE>


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