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


To: Greg Strzegowski who wrote (2846)1/18/1998 7:55:00 PM
From: Kiriakos Georgiou  Read Replies (1) | Respond to of 8358
 
<<Don't I know you from the AMD thread (when the stock went from 10 to 44 about a year ago)?>>

Yeap. Bought AMD too early at $19 and sold it also too early at $29. But I am not complaining, about 50% in a year is good for me. Of course some enjoyed a nice 4-bagger :-) more power to them :-)

I have averaged down on CS to about $20. (bought from $29 all the way down to $13)

I'll hold on to CS, I like it. I really *hope* I can buy more at $12, then $10, and $8. I am confident in this company - it has the potential to become a multi billion dollar company. And the one thing I really like about them is that even at these bad times they are still profitable! (unlike AMD, BAY etc..)

-KG