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Technology Stocks : Cascade Communications (CSCC)

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To: w2j2 who wrote (2950)3/19/1997 8:10:00 AM
From: Glenn D. Rudolph   of 3743
 
"Insiders: CSCC DESHPANDE, GURURAJ FEB 05,1997 30.125 38.250 S 165000 0
CSCC BLONDIN, PAUL E. FEB 14,1997 34.625 S 1000 15500 CSCC SMITH, DANIEL
E. FEB 06,1997 36.243 S 100000 101100 CSCC CHAMPA, MICHAEL A. FEB
18,1997 29.625 30.375 S 116400 2400 This is a lot of selling at a low
price. WHY? wj"

That is my question. Dulong has a reason for each but I have doubts. For example, Champa needed funds to finance a house. Why not margin the shares until the share price went up unless he does not expect them to go up.

Glenn
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