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


To: Bruce L who wrote (3484)5/2/1998 10:30:00 PM
From: RANDY DAVIS  Read Replies (1) | Respond to of 8358
 
Bruce L - I agree with Captain on this one. The market has only been bullish for Big Blue chip Companies. Small to Mid techs with no news have not been fairing well the past two weeks. There has not been any significant selling volume. I believe the latest small drop was last minute shake out of the truly weak. This stock is getting ready for a short term climb. I personally believe it will start Monday, if the market does not crash. Beginning of May is generally good time for techs.

If you get out by Tuesday, your going to miss it. This stock is showing the best signs of any that I am currently following. Thats just my opinion. Don't let yourself be taken out by the market boneheads. If this thing goes, it might be a good short term run, and maybe even longterm.



To: Bruce L who wrote (3484)5/3/1998 7:01:00 PM
From: Captain James T. Kirk  Respond to of 8358
 
the fact that we are at 13s is already indication that smart money bailed out long ago. However, current trading behavior does not truely indicate positive TA. CS is not in favor right now, and while I belive some are accumulating, it just does not have the current popularity to move us ahead. With each day I strongly belive that if you do no own it, you will miss the boat because the news will come when the market is closed. the TAs tell us that downside is extremely limited, and the upside will come in time. "Tuesday" is not a realistic time frame.