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

To: Bron-y-aur who wrote (3482)	5/2/1998 9:15:00 PM
From: Captain James T. Kirk	Respond to of 8358

From a TA perspective CS is very bullish, with indicators of Divergence and other technicals favoring a reversal. from a perspective of common sense, CS is not going away. Look at some of the following: the value of the stock in relation to the company fundamentals, book value of 7.83, and no debit. yeah, business is not so hot right now, and thus the stock is oversold. But the current unpopularity of CS is screaming buy, and CS would be aquired first, as opposed to going out of business. there is a lot of common sense here, and common sense works well in a market, if you have patience.