Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: R2O who wrote (5337)	12/1/1998 2:59:00 AM
From: FNS	Read Replies (1) of 8358

R20, Thanks for your comments. Re: <I also discovered, during the day long conversations, that your confirmed orders can be cancelled at their trade desk, and not communicated to you.> Once my order is confirmed, I usually follow up to see if its "filled"...if I'm trading options, I set a price based on quotes from CBOE and Fidelity's real time quotes and take it from there...prices will vary depending on exchanges; i.e., CS dec 15 CSLC last bid is 5/15, whereas CSLC&A may be 7/16. I find scalping for 1/8 point loses too many trades so I tend to use market orders for options...unless the spread is really big. Today is one day during which I should have jumped out on some other stocks at market rather than waiting for a rally---which never came....but maybe tomorrow! Regarding CS, it looks like it's holding up well compared to CSCO and COMS. I'm still bullish on all three of these stocks. We were due for a correction. FNS

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