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Technology Stocks : Cascade Communications (CSCC)

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To: Kiriakos Georgiou who wrote (2906)3/17/1997 6:53:00 AM
From: Andreas Helke   of 3743
 
I made the same move buy at $39 and sell at $35 but I have bought back big at $27, $29 and $26.5. Now I have 6 times as much shares as I originally had. The trailing PE for Cascade is useless because I did grow too fast in the last 2 years. I like the current financial year PE of 24.3 and the 1998 PE of 16.6. Even if I did not pick a bottom I consider this a very reasonable price. Only if the expected earnings do not materialize I may bee screwed.

Andreas
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