SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (2443)12/2/1997 10:59:00 PM
From: johny  Read Replies (2) | Respond to of 8358
 
CS at the exact same price where it was on Jan 1993, at a 5 year low.
With no debt , still making money , with a PE of 10 (per Motley fool).
Are you telling me this is not a screaming buy?!

Go ahead and take a look at a 5 year chart:
quote.yahoo.com

My guess is that after you look at it, you'll have an incredible urge to buy at these levels just as I did.

In as of today on the CS train.



To: Rajiv who wrote (2443)12/3/1997 12:50:00 AM
From: Vladimir Zelener  Read Replies (1) | Respond to of 8358
 
<< Surely you do not use this logic for investing in tech stocks.
5 years is a lot of time. Technology is changing very rapidly
and this is especially true in the networking sector>>

I wish I was a long term investor in Intel. From 1981 would be nice. When IBM decided to go with Intel 8088 processor and bought 20% of Intel stock.

The last 15 years was an era of microprocessors/microcomputers, next 10 to 15 years most likely will be an era of High bandwidth communications. The question though is how to select the "Intel" of communications rather then "AMD" or "Motorola".