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


To: luther yow who wrote (7910)4/16/2000 9:12:00 AM
From: william liao  Read Replies (1) | Respond to of 8358
 
I bought some more on Friday too. And I am ready to buy more if this stock is going down further as long as the fundamentals remain the same or even relatively better due to cs's lower market cap. I have been investing/trading this baby since the early 1997. During the last downturn in 1998 I bought more in the lower teens. It was rewarding. I believe the street or the so-called momemtum players oversold this stock. Sometimes you got to fight against the tapes, even try to catch a few falling knives, to do what other people are afraid to do. I did this year's first shopping spree last Friday afternoon. Say if the markets are down another 5-10% next Monday, I am going to nibble more stocks. "good money after bad money?" I will take the chance. And I was there in 1987.