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

To: Michael Hart who wrote (4106)	6/22/1998 9:25:00 PM
From: Pruguy	Respond to of 8358

Are u sure you are correct about orders being entered anytime. I don't think they can. I f I enter an order on CS or any other NYSE stock after 4:00 p.m., then the firm recieving the order will place that order with the exchange in the morning. If the exchange isn't open how can they accept orders? Its like calling a mail order company late at night. The order is recieved with the order taker , but it isn't going to the recieving (delivering) company until they are open for business. The NYSE isn't open for business 24 hours a day. Where am I missing something or is this order ratio a misinterpretation of some other data?

To: Michael Hart who wrote (4106)	6/22/1998 9:29:00 PM
From: Teflon	Read Replies (2) \| Respond to of 8358

I suggest to you that CS will open down in the am tomorrow, and that the stock will probably trade lower for the next couple of days/week. There are a lot of investors who jumped in hoping for an earnings surprise that will be faced with an earnings disappointment at 9:29 am tomorrow morning. They will bail. I would disregard all the hype about a positive run at the open tomorrow. Hang in only if you have the patience. FYI, I am long on the stock and rarely post on these boards. Thanks, Teflon