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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Bald Eagle who wrote (7034)10/28/1999 11:48:00 AM
From: Dr. Id  Read Replies (2) of 8358
 
I've a bunch of CS. I bought primarily on the buyout rumors. However, from my TA perspective, it
is looking pretty cheap right now. I'm not buying any more, but I'm expecting a better exit point in the
next few weeks. JMHO. This is the first time I've played a takeover. I don't think I have enough
patience for them.


Bald Eagle,

I bought this dog 2 years ago on buyout rumors! I originally bought 2k shares, and have sold 3/4 of my position (at losses). I'm still holding 500 shares, but am very close to dumping the rest (then the buyout will happen!)

Jeff
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