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

To: ChinuSFO who wrote (5085)9/22/1998 7:53:00 AM
From: David Mullins  Respond to of 8358
 
Still, after the strong move up over the last few days this stock
could retrace a bit while those along for the ride 'till earnings
jump off. But instead of joining them, I'm looking to add to my position. This stock might be beginning to interest the momentum
players. This stock was in the thirties a year ago, and has the potential to be in the thirties within a year (IMHO).



To: ChinuSFO who wrote (5085)9/22/1998 9:15:00 AM
From: RDH  Read Replies (2) | Respond to of 8358
 
Four concerns:

1. The acquisition -- this will have a small negative impact on the stock price.

2. The smaller profit margin.

3. The increase in AR -- not a very good sign at all.

4. Estimates beat by only 1 cents. I think many speculators were expecting more. Maybe not. But I think many will sell in the morning and it may be pretty dismal until next quarter.

- RDH.


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