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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Michael Hart who wrote (4106)6/22/1998 9:29:00 PM
From: Teflon  Read Replies (2) of 8358
 
I suggest to you that CS will open down in the am tomorrow, and that the stock will probably trade lower for the next couple of days/week. There are a lot of investors who jumped in hoping for an earnings surprise that will be faced with an earnings disappointment at 9:29 am tomorrow morning. They will bail. I would disregard all the hype about a positive run at the open tomorrow. Hang in only if you have the patience.

FYI, I am long on the stock and rarely post on these boards.

Thanks,
Teflon
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