Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: John Ritter who wrote (2436)	12/2/1997 10:12:00 PM
From: The BayWatcher	Read Replies (3) of 8358

AMD at 10. BAY at 15. Now CS at 15+. These are the days to BUY good companies at ridiculously low prices. What doesn't cease to amaze me are the people who post that CS will go down to single digits soon. I remember Adam Hefian from the BAY thread 12 months ago when he said BAY would soon be a "penny stock." Adam just posted on the CS thread today with his patented doom and gloom nonsense. He doesn't know squat about CS except its 52 week high and low and loves to play on people's fear. Adam, like I told you re: BAY at 15--- BUY, BUY, BUY. I bought CS today at 16.5 and will buy again if it goes lower. CS is owned 70% by institutions which explains how the price can be manipulated so much. After they squeeze out the heavy margin players and earnings are announced on Dec. 22, the big boys will buy back just as fast as they unloaded. This should be an easy ride back to 25 in a few months and I would not be surprised to see 19-20 by the end of the month. P.S. IMHO, ASND will join CS in the teens and it will then be time load up on that one too.

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