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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Captain James T. Kirk who wrote (5904)4/19/1999 12:04:00 PM
From: Area51  Read Replies (2) of 8358
 
Cabletron's SmartSwitch Router 8600 Named'Product of the Year' by Network Magazine

investor.msn.com

With good news like this maybe they'll be able to stay above the 52 week low (around 6.5 if I recall). This stock is universally hated by analysts, and conventional wisdom seems to be that they can't compete with CISCO and LU/ASND. Nonetheless I'll probably take some profits in the oil patch and add a small amount. Maybe sell Jan 7.5 calls (if I can buy it for less than 5.5, maybe I can finally make some money on this POS).
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