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


To: Jonathan C. Williams who wrote (4120)6/22/1998 11:00:00 PM
From: starpopper  Respond to of 8358
 
Tomorrow may be the last chance to buy CS below $13...I expect to see some downside early and a strong close ABOVE $13.5! Reason?...the negative news of missing earnings estimates was already priced in the stock! CS has had STRONG hands accumulating for the past six months causing institutional ownership to soar by 50%+ to 55% of outstanding shares!

I'm loaded to the hilt with an average cost of $12.75, but if Mr. Market is willing to offer me another shot at prices lower than my last purchase at $11.75 then I'm going to bet the farm that we see $20 before we see $10!!!

$weet Dream$

$tar.

PS. Ain't it COOL!!!:-)



To: Jonathan C. Williams who wrote (4120)6/22/1998 11:48:00 PM
From: Teflon  Respond to of 8358
 
Jonathan,

If you think about what Pruguy has to say, he is quite accurate. What the conference call should highlight for you is that Craig has no intentions of running the day to day operations of CS for the LONG TERM....

He is focused on making this company healthy and sellable from a STRATEGIC perspective and has people around him to take care of the product line development, etc..

His message is pretty clear. As I have said before, with CS's Balance Sheet and existing customer base (ultimately what any purchaser wants their hands on), my biggest fear is that CB may eventually want to manage the day to day affairs. That's when I'd get worried.

Thanks,
Teflon