SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: jelrod3 who wrote (4726)8/12/1998 11:20:00 PM
From: zax  Respond to of 8358
 
Look at a chart of CS over the last 12 to 18 months...it is sickening.

Quite frankly, thats the sort of run that I buy into.

Looks a lot like ADPT or even STAC, both heavily undervalued stocks which could double on rumor alone, let alone improved earnings or serious takeover talk.



To: jelrod3 who wrote (4726)8/13/1998 2:38:00 AM
From: George Bielski  Read Replies (1) | Respond to of 8358
 
I have a feeling that tomorrow we will see a low of 9 5/8. Overseas markets look real crappy and we could see a selloff. Will know more when I see the futures several hours before the open. CS is really between a rock and a hard place. Hope they can get it together, or get taken over. Long CS.



To: jelrod3 who wrote (4726)8/13/1998 2:14:00 PM
From: Doug  Read Replies (1) | Respond to of 8358
 
jelrod3: It normally takes 18 to 24 mths to turn a Company around especially after a major loss of market share. Therefore,I am not that despondent about the current price; not yet.!

CS needs to show it is climbing back. To do this it has to show Q after Q of increasing earnings and revenue. The increase must be steady and reliable.

Once that happens the stock will get moving.