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


To: BMcV who wrote (4421)7/16/1998 11:56:00 AM
From: Dr. Id  Read Replies (2) | Respond to of 8358
 

Too bad. If you have an 18-month time horizon a long position in CS could easily double with very
little downside risk. Look at AAPl, a company whose future seemed much bleaker (I think the phrase
was "death spiral") than CS's just six months ago, when the stock was at 15, today up 2 to 37. JMO


I agree. I see little downside risk to CS as I did for AAPL. I have 2000 shares of AAPL which broker was urging me to sell in the teens. Glad I held. I just added 1000 shares to my CS holdings (bringing total to 2000). Hope it's a repeat of the AAPL story.

JB