Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: johny who wrote (2445)	12/2/1997 11:18:00 PM
From: petekoby	Read Replies (2) of 8358

Jonhy and others, agreed with all your comments. In addition company without dedt, around 600MM in cash and short inv as of last 10Q. Looked at call/put ratio alt of calls buying and alot of put inthe money. It is oversold , but with bad news fron 3com it may sell little more hope will hold $15 for few days. think will be $19 by year start. Also i did not see anyone explore logic of new CEO. Seeing some shortcomimg desided not to push sale forward, to settle down at lower level and start to deliver growth , similar tactic was made by Bay. As long as analyst see growth they will advice institution and bid up the stock. I will continue to accumulate position with objective to to see stock 25-30year from now. Noticed that alot of call were bought jan99 25 strice. over 400 contract. I think smart money a re betting doubling year from now. Hang in there all long. Also to some comments that stock is broke. It is broke since may in down trend. Insider selling inthe 30-33 range with slowing business makes sence. I would like to see insiders coming in with alot of buying

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