Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Doug who wrote (5702)	3/10/1999 7:20:00 PM
From: Michael Hart	Read Replies (1) of 8358

[ Drift ] Although the stock price is drifting the company bias has ben building to the upside for a couple of weeks. Please see the following chart and note the strong surge of the RSI ( Relative strength indicator during this period ). I believe there is very minimal downside at this point ( maybe to $6.50 ) and a very strong upside. All we need right now is some sort of positive trigger ( ie. positive earnings, other positive news or rumor ) to set it off. iqc.com PS: Sorry I reacted a bit to what I thought was a bit to much negativity in the last few days of posting. Between the 2nd scotch and having just visited the Yahoo thread ( now I know why they call them Yahoo's ) ................ Good luck to all, Mike

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