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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: LakesideTrader who wrote (44271)	5/21/1999 9:00:00 PM
From: Sosmartinov	Respond to of 90042

Except for some executives getting a sweet deal I can think why a dog like CS would sell but the data sure looks like it's happening; thought the thread might like this info from Thomson Network cuz it is pretty substantial backing for the general view here. What can I say? How 'bout go PTEK, go NITE, OSI has to be for real this time. S -- Netwrk & Comm Dvcs -- Technology 21-May-99 11:38:50 Cabletron System is trading higher for the fourth consecutive session and posting an 18% gain for the period. Takeover rumors have fueled the stock's gains while the firm has also enjoyed positive exposure in several sell- side firms. Cabletron last traded up $5/8 at $14 1/16. The firm's options are active with the June 15 calls trading up $3/8 to $1 1/8 on volume of 2205 compared to open interest of 529. (Today marks the expiration of May contracts for stock and index options). Institutional investors are actively trading the Cabletron today with 55% of total volume stemming from block trades. The reported trade data shows institutional broker Cowen & Co is the most active trader of the stock, reporting over 600,000 shares while retail execution firm Knight/Trimark is number two with 477,000 shares reported.