Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Captain James T. Kirk who wrote (3481)	5/2/1998 3:09:00 PM
From: Bron-y-aur	Read Replies (1) of 8358

cap kirk have been monitoring thread and am having difficulty trying to form an opinion on cs. got burned badly last year on this stock. if a solid base is forming down here, an interesting play could be writing jan2000 $15 puts for a debit of $4 and buying jan 2000 15 calls for $3.75. can you sum up your reasons for being bullish on cs given strength of competitors and slipping position of cs as evidenced in earnings last 2 quarters. i agree with the concept of buying when the street doesnt like a stock so long as fundamentals are solid. what are your thoughts thanks

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