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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: Dolfan who wrote (6807)9/8/1999 1:10:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 8358
 
The more the Specialist let's us go up the higher the BO price. >>

i have a feeling that is what is happening here...i also believe the specialist may have a good idea of a deal price and that is why the he has let the stock run a bit....these guys can keep it down or let it run , blocks or no blocks.....most takeovers have a 10 to 15 point premium so we are now in line for a 30+ takeover price.