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

To: Mark who wrote (3710)	5/28/1998 8:13:00 AM
From: Harold S.	Respond to of 8358

Ok Babzy...Let's take a look at CS in October and see where it is. It is obvious the scars from your losses on this stock have not yet healed, but please do not impose your position on those who were not dumb enough to buy this stock in the 30's and ride it to 12 3/4..and cry about it all the time. To those who did ride it from the 30's till now and are not crying..I am confident now is a good time to average down. I just can't figure out why you and the likes of Mark continue to monitor and post on this thread if you feel CS is such a loser?? After all you could be investing in a stock like..say..Pairgain..which has proven to be such a whopping winner lately huh Mark!?? I can only say..for the rest of those on the thread, that the Captain and I warned all those on the Pair thread when it was over 20 to sell it!! And now it is in the 15's. We also started expressing our belief in CS in the 13 1/2 area. Ok..now it is 12 3/4....wowwww 3/4 point down...(bet you'd like to be only 3/4 point down in Pair huh Mark..hehehe) Now I agree Pair is again a buy at these levels and CS remains a strong buy in here in the 12's. Someday, if you follow us long enough Mark..you will grow up to have a little knowledge of investing..until then..you and Babzy should start your own contrarian fund..the Mark and Babzy Follies!! I apologize to the thread...but I had to clear up the fact that the Captain and I never said Cs would skyrocket overnight..but boy you got to love an investment in today's market where the downside is so limited. Many on the Pair thread have wished they would have listened..but I guess that is why they call them "sour grapes."