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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: Tim Luke who wrote (66641)	10/20/1999 11:36:00 AM
From: dpg48	Respond to of 90042

if we see some big block buys in the pm then we are on ourway but if we see sells our price will hit $13.5 which is a good buying opportunity. beleive that CS is a good turnaround co and may take some time but it will still go to $25 on its own merits DP

To: Tim Luke who wrote (66641)	10/20/1999 11:41:00 AM
From: dpg48	Respond to of 90042

when does the GENEVA show start ??? DP

To: Tim Luke who wrote (66641)	10/20/1999 11:43:00 AM
From: Ivan	Read Replies (2) \| Respond to of 90042

First, I want to be clear. I am LONG CS. And, I want a buyout as bad as everyone else. XYLN. I made some money on that one. I can't remember exactly, but bought at 19, remember a stall at 24 or so, and then the buy was 34? I agree that XYLN must have been "in play" for months prior. And that people "knew". But there was risk in the deal and the market price began to reflect the fluctuation of the risk (of a deal). CS is showing signs of "no deal" right now, or a greatly reduced price. My gut tells me that Piyush looks at a woulda-coulda-shoulda scenario of Yago having done an IPO this year with Foundry and Extreme as the benchmark and sees a ton of money left on the table. He then gets some Euro wanker in his face telling him how $25 is a fair price, even though today, Yago would be trading at (a price adjusted to reflect a CS equivelent share price) $35-50. FU Euro boy!! My "boys" back on Great America Parkway will show you!! In other words, he's been shopping the company, gently. There has been real interest from players you've mentioned. And none ar willing to buy the 3rd tier player for 1st tier prices. $25 was the price, is the price, and he's not selling for that price. As you so correctly point out - with $300M in the bank, no debt, and a real chance at profitability, WHY SELL??