Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Ron Dior who wrote (5320)	11/23/1998 5:03:00 PM
From: FNS	Read Replies (1) of 8358

Ron, if you're on board,"welcome aboard"...if not, you can wait for the big breakout to come (16-16 1/2) or wait for some back filling. Surprisingly, CS is working through a lotta supply between 13 - 16 and has been moving 6%-10% for the past few days. The telecoms are real hot! and, even more, - the internets. Re: <I think with some upgrades and a hot market we should see the 20's by the end of this week> Not likely since CS is not a YAHOO...but if you have patience CS will be OK. I think the products are doing well and risk is minimal..for me, I'm using a stop of 11-11 1/2. Overall tech market momentum is incredible...a blow off now could do lots of damage. I like your positive statements....good luck. FNS

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