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

To: Bron-y-aur who wrote (4213)	6/28/1998 4:54:00 PM
From: ChinuSFO	Read Replies (2) \| Respond to of 8358

OPTION STRATEGY: Buy 2x January 15 Calls. Sell x January 10 Calls. If CS does something, we'll go above $20. If they don't we'll fall below $10. The only way to get hurt on this one is if we finish at $15 on the third Friday in January . . . unlikely IMHO. CR

To: Bron-y-aur who wrote (4213)	6/28/1998 7:32:00 PM
From: Captain James T. Kirk	Read Replies (1) \| Respond to of 8358

The shakeout is the high to low volume of those based in CS prior to earnings, either playing the earnings or awaiting a bounce for a partial recovery of their investment. Unfortunately, if we don't get some action from CS themselves, we may have to wait till next earnings to ever see 14 again. And by that time, CS could be 8. This is getting me so motivated to create a banner for the shareholders meeting stating, "Sell CS !! " the captain is growing concerned, as I suppose the majority of us are also. if the analysts don't jump on board, or if we don't get a good rumor, CS is history.