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Technology Stocks : CACS - Carrier Access Corp

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To: nora b. who wrote (47)9/26/2000 4:03:40 PM
From: WalkAway   of 80
 
Its been ugly, and I am not sure whats going on. There has been a lot of institutional selling, probably for one of two reasons: Fear that telecoms will cut back spending on equipment, thus hurting future earnings of this sector or some bad news that the little guy has not heard yet. I think
insiders may be selling into the weakness also. Plus a lot of short positions all add up to the destruction of this stock. If bad news comes out the SEC should be notified about the leak of any information.
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