TECHNOLOGY - Sept. 22, 1998

* Cabletron Systems Inc. said its fiscal second-quarter profit tumbled 75% to $14.6 million, or 9 cents a diluted share, a penny higher than estimates, as strong sales of profitable new products were offset by slumping revenue from older equipment at the computer-networking company. Total sales fell 2% to $370.6 million. The results, for the period ended Aug. 31, were reported after the close. Its shares rose 75 cents to close at $11 on the NYSE.