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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Captain James T. Kirk who wrote (4446)7/17/1998 4:29:00 PM
From: BMcV   of 8358
 
Yep, that's right Captain, I saw two different people at the annual meeting, though unfortunately I didn't know who you were or I would have said hello. Would be interested to hear what has changed your mind on CS, if it is not simply your investing style. My time horizon on CS is 6-18 months, with some positive price action in 6 months and hopefully reaching my target of 25-30 within 18 months. I don't think a takeover is likely (look what the market did to NT after they bought BAY, which is perceived to be stronger than CS--no one will risk going after CS with that example fresh in mind). This is a turnaround and turnarounds take time. If you are looking for some quick action, you probably are better off elsewhere. Or is it something else you've seen you don't like?

good luck
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