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

To: Suntrader who wrote (6080)	5/13/1999 10:07:00 PM
From: Samuel Wayne Turner	Respond to of 8358

My view of the downturn is rather simple and probably correct. CS has disappointed both the street anaylsts and investors so many times that after the runup, with no new news or hype it is sliding down. It might slide to high 9s low 10s, but the smart player will hold some as it is not only a great value play, but will almost certainly get a buyout offer, probably sooner than later. JMHO.

To: Suntrader who wrote (6080)	5/13/1999 10:28:00 PM
From: Trey McAtee	Read Replies (1) \| Respond to of 8358

suntrader-- at this point you are kind of low on options. i am a little embarrassed due to the fact that i have closed out most of my puts, and have been buying calls. at this point the stock is VERY oversold. todays action was related more to the market than anything else... or rather the market and the old ladies who seem to be in charge of it now. at this point i would recommend cautiously buying calls and common. just please, whatever you do...dont buy the may calls<G>. good luck to all, trey