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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Ivan who wrote (66616)	10/20/1999 11:10:00 AM
From: Tim Luke	Read Replies (1) \| Respond to of 90042

This portends no deal. The arbitrage players would support the stock, if nothing more, as long as they felt a deal was coming soon. Arbitrage play now values the "deal" at 22 1/2, which would mean no deal. Piyush is looking to get Extreme our Foundry like valuation if he sells, and it ain't going to happen. $25 was the price, is the price, and I'll bet he's not selling at that price.>>>> all of which is your OPIPION

To: Ivan who wrote (66616)	10/20/1999 11:15:00 AM
From: ynot	Read Replies (1) \| Respond to of 90042

the simple fact that the blocks traded means there was a buyer they appear orderly, mid-day rather than open/close i would think in order to do the transaction in this way there had to be agreements in place, option conversions, etc... i'm not sure this relates to potential buyout DIRECTLY, rather a lot of other things first, bwthdik regards, ynot ;)

To: Ivan who wrote (66616)	10/20/1999 11:21:00 AM
From: Tim Luke	Respond to of 90042

But it is time to wake up and smell the coffee>>> i smell takeover not coffee

To: Ivan who wrote (66616)	10/20/1999 11:44:00 AM
From: Bryan	Read Replies (1) \| Respond to of 90042

The buyers are gone I disagree. There seems to be a new round of buyers, just at lower levels. Seems to me that since CS is 'in-play', that a lot of the big interest comes and goes at different levels. There was a lot of speculative large block purchasing in the 19's. Perhaps some of these players are now selling since a takeover has not materialized, but sector weakness has. This portends no deal. Kind of a bold statement, don't cha think? I agree with the prospect of no deal (at the current stock valuation), or less of a deal, (which doesn't seem to be an option for management). All this equates to IMO, is more time. I have plenty of that up my sleeve. And for CS to prove their worth on their own merits will take more time (especially in the midst of bigger future earnings expectations from some analysts). Spin-offs make sense in this scenario. Piyush thinks they can get the share price into the 30's Also pointing to the need for more time. I think it can be done on their own merits as do you (you do think this, right?). The problem here is too many people bought CS ONLY because they thought a takeover was imminent. Keeping in mind the management's plans, takeover seems to diminish along with CS share price. Patience is the key here. bk

To: Ivan who wrote (66616)	10/21/1999 3:37:00 PM
From: Ivan	Read Replies (2) \| Respond to of 90042

Since I joined this little club, I was berated for not adding value. Here are some updates on a few picks. Picked on 10/20: ARTT @ 11 1/4 - No gain See article on ARTT and QWST - wonder how being QWST's "last mile" solution will impact ARTT? biz.yahoo.com NTRO @ 24 1/2 - up a 1/4 From Robbie Stephens ``We are reiterating our Buy rating on Netro, after the company reported third quarter financial results ahead of published expectations,' said Johnson. ``Revenues of $5.2 million and net loss of $0.17 per share compare with our published estimates of $4.4 million and a net loss of $0.31 per share, respectfully. Revenues in the quarter were driven by increased deployment of base stations, end terminals, and a one time shipment of an older product in the quarter.' INTC @ 68 1/8 - Over 70, on the day IBM tells us the Y2K sky is falling. TTPA @ 15 1/8 - Very nice, saw $19 today with just one upgrade. Wonder if a Visa deal would rock the stock.