Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: BMcV who wrote (5813)	3/24/1999 9:29:00 PM
From: Doug	Read Replies (1) \| Respond to of 8358

Bruce: There appears some conflicting views about the time period for this so called turn around. In the earlier conference in Jan or so the CEO talked about making it by summer and keeping the street fully apprised etc etc. Now what was all that about. In the last CC, its about re-engineering of sorts but no time frame or revenue targets were mentioned. If this takes months to play out,there will be a dilution resulting in CS making new lows. As for Leaps I have used them. They would be very attractive for some one who bought in at $7-8. At prices above $14 it may be better to cut loose and buy in on another loser that has its fundamentals intact. This strategy works on " all or none". You need to find an under $5 stock that has a long basing period , a high of +$25 ; no debt and good fundamentals except for a one time stumble. I have found this to work. However as the market now is boycotting Small caps, I am diffident if my old strategy will hold. Like you I need to eliminate this mill stone.