Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Robert Schling who wrote (2929)	3/17/1997 6:59:00 PM
From: Peter Shaw	of 3743

Robert, Falling knives tend to oscillate in a linear fashion before starting any substantial new upmoves. If you're playing 1-3 day spikes, then we're talking a different ballgame, but it sounds like you're more long term. I haven't been reading this thread much lately, but I used to trade CSCC last Summer with a bearish inclination. At these lower levels, this company becomes a suitable takeover target since the company is still a good grower. The question is what's a fair price. I won't be putting any money in 'cause i don't know the answer to that one. Careful about the averaging down idea. It can get you into hot water if you don't allow the stocks to base out for an extended period (or resume an uptrend). Good Luck, Peter Shaw

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