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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: starpopper who wrote (4249)6/30/1998 9:05:00 PM
From: Pruguy  Read Replies (1) of 8358
 
As I have said I am painfully long. Fundamentals s-ck. I hope for a buyout also, but I can't imagine what cs brings to the table unless it's a buy-under. THEY DO HAPPEN YOU KNOW. I hope I am wrong but I think this num-nuck on CNBC is the reason for the buying. It was very sudden once he was on the tube and very few blocks given the volume. No chance at all that CPQ will buy them any time soon if at all. They have their hands full with poor stock and business performance over the last 9 months and many are still questioning their DEC purchase. Not aa chance they will rock the boat anytime soon with any acquisitions. Anyone else, Please step up and buy my shares ......cnbc guests frequently bring out the option speculators. even 2000 contracts at 3/8 is only 75000$ Hardly a lot of money in the scheme of things.
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