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Technology Stocks : Cascade Communications (CSCC)

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To: Finder who wrote (3053)3/21/1997 3:17:00 PM
From: kvogel   of 3743
 
Not much open interest on the options in CSCC at 25 and COMS at 32.5 so it probably won't have much of an effect. I think MMs are still getting stock as most of the large block volume in CSCC has dried up. It is building a base between 23 1/2 and 26. There have been no noteworthy short-term rallies but still trading large volume. This is classic basing action.
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