BUY! CABLETRON SYSTEMS INC (CS) NYSE

  Report No. 1005    Analysis by: Harry Aloof     MARCH 28, 2000

CABLETRON SYSTEMS INC (CS-NYSE): Technical Viewpoint: From a low of $34 3/4 on Feb 23, 2000 prices rallied, reaching a high of $50 7/8 on Mar 1, 2000. A decline saw prices pull back, reaching a low of $41 1/4 on Mar 8, 2000. Another rally saw prices penetrate resistance, closing 3/27/00 at $50 7/8. Technicals: RSI Index (RSI): A Buy Alert! was given on Mar 27, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $45.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 17, 2000. A P&F upside reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! CABLETRON SYSTEMS INC (CS-NYSE) @ $51 5/8 Stop: Use a protective stop of $48 7/8. CABLETRON SYSTEMS INC is currently trading @ $50 7/8 plus $4 1/4 on Mar 27, 2000. Price Objective: $69.00. Risk/Reward: $2 3/4 VS. $17 3/8. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$69.00 Risk/Reward:
$2 3/4 VS. $17 3/8 Risk/Reward Ratio:
6:1
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