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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Captain James T. Kirk who wrote (4634)7/30/1998 10:13:00 PM
From: Pruguy  Read Replies (2) of 8358
 
I don't know why cs was down today, but they were not alone. seemed to me all the top tier (csco,asnd,bay) networkers were up and the rest were down. I noticed that volume on netva was a little heavier and it has been advancing a little despite the cs decline. Is it possible it was a little arb activity lately that has been putting a little more pressure on cs. Or could be their quarter is shaping up to be another lousy one. I don't know, but for what its worth I got suckered into another 1000 at 12... I'm really hoping on this one...fundamentals don't look to hot to me, but technically, the price looked right. Harold and Capt., like you said, this msft is old news, shouldn't have ANY effect. It wasn't news, it was a test.
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