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


To: John Ritter who wrote (2544)12/4/1997 7:03:00 PM
From: Harold S.  Read Replies (1) | Respond to of 8358
 
Yes John,
We were kicking ourselves today..but it is my thoguht that maybe this ASND pop today was manufactured to coincide with the CEO stating what has already been stated many many times, "The company is comfortable with this quarter's estimates." Just because this man says this today makes the stock price spike to 28 1/2?? Somehow a rumor got thrown in for good measure. Maybe it is true, but I have heard a lot more talk about NT buying CS in the past 3 months than I have about them buying ASND. And at 35 dollars per share?? I would thing the company would be demanding a little more than that. Who knows, maybe ASND will be 23 by next week again!!