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


To: Philip W. Dunton, Jr who wrote (5865)4/12/1999 11:23:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 8358
 
philip and all--

well, thanks for the synopsis<G>. i hate that yahoo links to news that isnt freely accessible...and there is no way in hell i am going to pay for a subscription to TSC.

less than 1x sales is far too cheap. no, CS doesnt deserve a CSCO valuation, but it also doesnt deserve a chpt. 11 valuation. 2-3x's would be better, and a hell of a lot more rational.

on the technical/tea leave side of things, everything looks positive. the chart shows a wonderful descending wedge. it may take a few days, but we are heading up.

good luck to all,
trey