Cabletron Systems (CS: NYSE) Message Board

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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Trey McAtee who wrote (5936)	4/21/1999 2:49:00 PM
From: George A. Roberts	Read Replies (1) of 8358

Trey , thanks for the response. I may sell pair and keep cs. My strategy with both has been to sell covered calls against the positions. I just got through the April expiration on CS and have not yet filled my order to sell June $10 calls. I have sold some Pairgain May $12.50 call options so I am hoping that it hits the strike price and gets me out. If not I may just sell the pair position, it is only 500 shares . I have 1000 shares of Cabletron @9.75 but with my call selling action I have in effect reduced my Cabletron cost basis to $8.85 and it will be even lower if my order I have in fills. I have another one for you ,,,International Fiber Com (IFCI) I have a position in it as well. The company is growing nicely relative to its price to earnings and I think fiber is the future. Any opinions on it would be welcome. Thanks . George

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