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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Harold S. who wrote (3467)4/29/1998 5:52:00 PM
From: Arv  Read Replies (2) of 8358
 
Okay someone's gotta turn this thread around.

The way I see CS's current situation-- it's behaving kind of like FORE did several months ago. Tanked after a poor quarter. FORE fluctuated in a 15-19$ range for a long time before showing signs of breaking out-- after a recent shift in marketing strategy and getting some decent products out the door. I'm guessing CS will behave similarly. It appears to be close to the bottom and should pick up a few bucks over the next 6 months-- if the management does something/anything right. A 30% low-risk return in less than a year sounds like a reasonable if not exciting bet. Any more of those around?
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