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


To: Patricia Trinchero who wrote (7131)11/9/1999 11:41:00 PM
From: JR  Read Replies (1) | Respond to of 8358
 
Bought ASCEND at 22 25 30 32 40 80 held one year as in earlier post it traded up down flat less so than CS but CS has continued to supply some bad news at the wrong times which has hurt its movement but it has over come those things and is still moving up nice turn around with strong money driving the price up for a reason but these people play hard and as today one large player can drive the price down take out the faint at heart stop loss orders and buy back when they want to. Have bought or sold CS 26 times this year already but for now sitting tight till first of the year and X fingers that AGEdwards now its stuff but if you followed ASCEND upgrades movement up still did not keep it from swinging up and down. ASCEND traded 25to30 back 26to32 back to 28 but one I remember well early on was it reached a high of 38+ 2days later it was 32 traded 32to36 before it broke out to 40 then 45 then back to 36 etc. all the way to 66 were it was bought in Jan for 82 by LU