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


To: James Logajan who wrote (5965)4/26/1999 8:03:00 PM
From: WTSherman  Respond to of 8358
 
>P.S. Congratulations on being elected spokesman for "the street<

James, thanks I appreciate that very much!!!:-)

I guess I didn't know that having opinions and expressing them on some of these threads was a no-no. I'll try and learn...

I'm glad you found my prediction of $30 on FORE to be so funny. Since I owned May20 calls on FORE I'm very happy to have been wrong by $5. Nonetheless, I think it was pretty good guess, especially since alot of the folks on that thread were predicting $40-50.

Since you obviously like to do research, you might want to check some of my older posts on CS. Which I have consistently predicted would underperform its competitors and not come anywhere close to meeting the objectives which its management have set. Going back to when the price of the stock was north of $20 I've consistently said that as long as CB ran things the ship would continue to sink. Every time I expressed that opinion I was told that I didn't know what I was talking about. So take it for what its worth, I've seen this company in action, dealt with customers that have their products and have watch the wheels come off.

Lastly, over the past 24 months I've owned 4 network related co's(you can check the posts if you like). They were YURI, XYLN, FORE and NN. Three of the four have been acquired at nice premiums from where I bought them, the fourth is up 50%. I may well be wrong about someone buying CS. It happens. But, I'll gladly stand by my batting average on co's in this industry.

If you want to speculate on a takeover, my unsolicited advice is look at PAIR or TKLC before you look at CS.

Just for fun, here's a post I made about CS 1 1/2 years ago...

Message 2892216