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Technology Stocks : Cascade Communications (CSCC)
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To: kvogel who wrote (2916)3/16/1997 8:15:00 PM
From: Glenn D. Rudolph   of 3743
 
The selling stopped at 25 1/2 because someone was willing to take large
positions at 25 3/4 and 25 7/8. Intraday charts showed that. The biggest
problem with CSCC now is that ALL network stocks are being beat up in
the news by negative recommendations and downgrades. Still, CSCC, ASND,
CSCO, and COMS all held above their recent lows. The end is near and
fundamentals are still good.

Kvogel,

Your post is very encouraging. I've been hoping for an upward climb in most of these stocks by early summer.

Glenn
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