Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: starpopper who wrote (4640)	8/18/1998 5:56:00 AM
From: starpopper	Read Replies (2) of 8358

I guess I should NEVER say NEVER! CS below $10 is all I could think about during my short trip to the west coast this past extended weekend! NETVA action is the real guage for CS, and the discount narrowed substantially to just under 4%! I wonder what percentage of NETVA shareholders of record 8/13/98 bought into the stock after the announcement?! The action tells me that the deal is done and that the best way to buy this overly battered company is through NETVA. Fundamentals have not changed and the story is still bullish, but I'm kicking myself for ONLY dumping half my position in CS over $11 recently! I'm also not too proud of the fact that I didn't stick with my first incling to not start buying NETVA until it broke $6. Well I've got a cure for that...doubling my position at $4.75 NO HIGHER! However, THIS STILL SUCKS!!! Can anyone say EIGHT DOLLARS...NETVA at $4.75 translates into $7.71 for CS, factor in the discount and you get CS trading in the low $8 range!!! We are now down more than 30% in the past 3 months...I can't believe we have 2 more months of this torture! CB had better know what he is doing, and I also don't want to hear ANY rumblings about the books! Still smelling $20+ by December, but this is starting to get a little REDICULOUS!!! $tar.

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