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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Pruguy who wrote (38774)12/5/1998 2:27:00 PM
From: Kenya AA  Respond to of 97611
 
Pruguy: ****OT**** My humble opinion on Cabletron -

From a TA standpoint, the stock's in a bit of trouble here. In my post 37077, I said that if it could break 16 (resistance) on good volume, things would be peachy. Well, it couldn't make it past 15-1/2 and now it has seriously broken down on big volume and is well below even its 200-day MVA. On the good side, it has pretty good support at 8-1/2, a prior support in early Oct. and breakout point in mid-Sept.

Also Lucent is now in bed with CPQ so CS's future is hazy. Unless you're very sure someone (maybe LU?) is going to buy CS, I would stay away. What is "Mr. Bartiromo's" record on stuff like this?

K



To: Pruguy who wrote (38774)12/5/1998 2:50:00 PM
From: robbie  Respond to of 97611
 
***OT Pruguy*** I read your posts on the CS thread. It looks like you have serious problems with management. I'll wait 'til you feel better about them before taking a position. Thanks for the info.

Robbie