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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Norman Klein who wrote (4118)6/22/1998 10:11:00 PM
From: Teflon  Read Replies (2) of 8358
 
Norman,

It's late and these boards having been driving me crazy. I normally do not post, but I've been a shareholder for a long time and tonight was the night to unwind. I get fed up with all the BullS**t that hits these boards by a predominantly uninformed crowd.

To look at any investment with such a closed perspective leads me to believe that most people should just stay out of the market completely. The problem with that would be there would be no opportunity to make money through "momentum" or "herd" investing. And given what I've seen lately, "herd" seems to be the right word for it.

Keep the faith on CS, you will not be disappointed. Who knows, we may even be surprised tomorrow by where the stock closes after all is said and done.

As a matter of perspective, imagine if you owned MSFT (as I do) the day the Justice Department file their huge anti-trust suit. Most people viewed it as the end of their reign on top. Some of us however, viewed it as a buying opportunity -- not because we were buying on a dip, but because one could not help but believe that it was all going as Gates had planned. FREE Advertising on every network and frontpage for a new product MSFT barely relies on for EPS. CB is a very shrewd individual (not quite at Gate's level!!) and if one spends a few moment to think about the big picture, I think things will start to make a lot more sense.

Thanks,
Teflon

p.s., Why do you think CB did not BOTHER to preannounce an earnings shortfall??? Think about it.
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