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


To: Bald Eagle who wrote (7034)10/28/1999 11:48:00 AM
From: Sarkie  Respond to of 8358
 
Same here on this one.
But I am beginning to believe that this one is just that....rumor.

Everytime the rumor gets heated up the stock goes up, and on no other reason. When the rumor dies, so does the stock.

My patience is running thin...wish I had sold at the high a few weeks ago. I going to wait now only because I deserve something for my patience thus far.



To: Bald Eagle who wrote (7034)10/28/1999 11:48:00 AM
From: Dr. Id  Read Replies (2) | Respond to of 8358
 
I've a bunch of CS. I bought primarily on the buyout rumors. However, from my TA perspective, it
is looking pretty cheap right now. I'm not buying any more, but I'm expecting a better exit point in the
next few weeks. JMHO. This is the first time I've played a takeover. I don't think I have enough
patience for them.


Bald Eagle,

I bought this dog 2 years ago on buyout rumors! I originally bought 2k shares, and have sold 3/4 of my position (at losses). I'm still holding 500 shares, but am very close to dumping the rest (then the buyout will happen!)

Jeff