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

To: R.E.B. who wrote (6842)	9/10/1999 4:23:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 8358

Agreed--- there is a wall at 18,, once through it should take another run,, this is the 3rd attempt to break through so someone should be running out of shares to dump,,,

To: R.E.B. who wrote (6842)	9/11/1999 12:07:00 AM
From: kha vu	Read Replies (1) \| Respond to of 8358

cs: <<Cabletron Systems (CS) makes routers, switches, and other hardware devices that let computers talk to each other in a geographically dispersed or office/home network (known as a LAN). The company also provides network management software and related services. Cabletron's direct sales force and distributors market to government (15% of sales), commercial, industrial, manufacturing, financial, and educational customers worldwide. Technical indicators suggest the stock will move higher. Note: Cabletron is expected to report second quarter earnings within the next two weeks. The company has not set an exact date. The Street projects Cabletron will earn 6 cents per share for the second quarter. The firm's price-to-book ratio of 2.73 is much less than the industry (6.93), sector (15.20) and S&P 500 (5.57) averages. Experts estimate the company's five year sales growth rate at 18.56 percent. Brokerage houses currently rate the shares with one "strong buy", 5 "moderate buys", thirteen "holds" and "two"strong sells". Over the past 52 weeks, the stock has traded between $7 3/16 and $18 1/4. Shares last traded at $17 7/8. >>>>