Cabletron Systems (CS: NYSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cabletron Systems (CS: NYSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Serge Collins who wrote (5701)	3/10/1999 4:08:00 PM
From: Doug	Read Replies (1) of 8358

Serge: This drift could be either Pre-earnings Sell Off or a Corporate Announcement. A pre-earnings announcement seem unlikely now. So the drift has to be due to other reasons. If the only likely corporate event is down sizing, then the two might be linked. My own guess, is that it is a part of Accumulation & nothing more. I d'ont see much down risk if there is no shortfall of earnings/revenue. On the contrary, if the earnings/revenue expectation exceeds expecation we could pop to the $14 mark quite easily if the Main Mkt holds up for 6 weeks or so.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next