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


To: Doug who wrote (4725)8/12/1998 4:55:00 PM
From: jelrod3  Read Replies (3) | Respond to of 8358
 
Doug, back on 6-28-98, I said that I thought CS would probably fall to $9.75 and we nearly hit that level recently. See my post number 4219.
Message 5046224

No white knight has surfaced to buy the company at what appears to be bargain basement levels. Is it possible that this company will not be a survivor, and is destined to eventually fail and go out of business? The street is not valuing the stock as a takeover candidate, or as if the future was rosey... Are we fighting the tape and the trend here to no avail? Look at a chart of CS over the last 12 to 18 months...it is sickening.