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

To: Norman Klein who wrote (4544)	7/22/1998 12:17:00 AM
From: George Bielski	Read Replies (1) \| Respond to of 8358

To all: what was the bad news that everyone's talking about, but never posted?

To: Norman Klein who wrote (4544)	7/22/1998 8:33:00 AM
From: Teflon	Respond to of 8358

Norman, The worst thing any CS investor can do right now is watch the daily trading activity. The information we are all waiting for is not due for some time. HOWEVER, The positives you cited are quite correct. Please people, do yourselves a favor, if you want to watch the daily activity, then keep an eye on the Call Option activity and the average daily trading volume (the large block activity is on the buy side); THIS TELLS THE STORY. This stock has bottomed and will not head below 11 again. There may be a few more attempts to flush out the weak hands, but I doubt it. This depends in part on what the MM's inventory looks like. I HAVE A GUT FEELING that the stock is poised for a slow steady move upwards. Thanks, Teflon