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

To: blankmind who wrote (4581)	7/23/1998 11:15:00 PM
From: Pruguy	Read Replies (1) \| Respond to of 8358

funny u mention that...I was just looking at the Capt.'s uti and mdco and as bad as cs looks...those look much worse.

To: blankmind who wrote (4581)	7/24/1998 12:40:00 AM
From: starpopper	Respond to of 8358

Actually, I think you're on to something there blankmind! CS's chart and oil charts may indeed be linked and I'm betting that BOTH will take off sometime THIS year! Oil has indeed been beaten up recently to levels that have turned some of these plays into growth stocks rather than their traditional hedge reputations! I've already nibbled a bit on Apache (APA) at $26, and have orders pending for Marine Drilling (MDCO) at $12.5 and Diamond Offshore (DO) at $32! Those CS investors that see the incredible value of its stock at these levels, surely can appreciate the amazing opportunity to buy such a high quality hedge and defensive sector at prices that are truly well below historical norms! Especially when one considers where the market is currently, how far we have come, how quickly we got here, and the probability of a 30% plus correction within the next 18 months! No one ever went broke taking or protecting profits!!! $weet Dream$ $tar.