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


To: Michael Hart who wrote (5229)10/28/1998 6:03:00 PM
From: Alfonse Rossi  Read Replies (1) | Respond to of 8358
 
A nice end of day rally to end on the high! 30K block at 10 1/8 and then good support finally on the way up. Boy, this stock is tough. Someone is buying blocks, over the last week or so 250K has traded in blocks over 10K. Either someone is getting in incrementally or some funds are throwing minor cash at this..Opinion?



To: Michael Hart who wrote (5229)10/29/1998 10:12:00 PM
From: D.Dexter  Read Replies (1) | Respond to of 8358
 
Mike,

Cabletron has great products - the best it has had in years. Momentum is gaining on the SmartSwitch Router install base. Great new products launched at Interop.

Each week they continue to build their management staff by recruiting top talent from big companies. New VP sales, new CIO, new VP of support. (All motivated by higher stock prices)

Seems like Craig is executing nicely and building the solid foundation to carry the company into the future.

As you know know, Cabletron has always been driven and motivated to win. I rebought in at $6.5, $8 and $10 a share. My girls will go to a nice College in a few years on this ticket ...

Keep the faith - give it time!



To: Michael Hart who wrote (5229)10/30/1998 11:05:00 AM
From: Michael Hart  Read Replies (2) | Respond to of 8358
 
[ 300,00 shares to 11 1/8 in 10 minutes ]

Mike