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Technology Stocks : Cabletron Systems (CS: NYSE)

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To: Doug who wrote (5989)4/29/1999 5:57:00 PM
From: BMcV  Read Replies (2) of 8358
 
hi Doug and all,

Glad to see you here--I can only bear to look in from time to time. If I followed CS day to day I would have sold long ago.

Just "signs of life"?

Since April 21, when CS closed at 8, the stock has been up 5/8 (7.8%) on 3 x avg vol, down 7/16 (5.1%) on 1.1 x avg vol, up 1 5/16 (16%) on 5 x avg vol, down 1/16 (<1%) on 3.5 x avg vol, up 3/4 (7.9%) on 5 x avg vol, and today down 5/8 (6.1%) on 2.8 x avg vol.

The picture is pretty clearly one of heavy accumulation. Will something finally happen? Has Craig finally come to his senses?
Stay tuned, but the stock may be telling the story. Even if there are no plans now to sell, just the recent price increase when nothing else has helped might, just might, convince Craig that a sell-out is the only way (short of operating success, which no one seems to consider very likely any time soon).

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