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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Doug who wrote (4736)8/14/1998 1:32:00 PM
From: BWAC  Read Replies (1) of 8358
 
Who in their right mind would be selling CS below 10. Just a month before LU can get busy. Or the rumor mill can get real busy. What makes this any more of a sell at 10 than it was at 13? Margin Call troubles? Bad market troubles? Or is it the brainwashed investors that believe you should only buy CSCO, LU, DELL, etc. no matter what price they are or what multiple their future earnings are valued at. I guess these will have to bust before the market turns around.

Anybody believe in contrary indicators? I just got assigned stock on some Sept. CS Puts.
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