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Technology Stocks : Cascade Communications (CSCC)
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To: Carl R. who wrote (3057)3/21/1997 8:56:00 PM
From: Ginn   of 3743
 
I think key point is really depend on CS's earning not COMS

COMS has announced long time ago that their earning will not meet expectation back in February, then those analysts had to adjust the estimate based on COMS's announcement. So COMS's earning currently is out of favor and are not important to the market at all. Only thing can still support investor's interest will be CS's earning announcement on Monday. Because CS has been play low key(no brokers has been care about CS at all) for a while. Seeing is believing, if CS can have something of earning positive surprise then not only CS, the whole networking industry will hopefully gain some respect from brokers and investors.

And I believe finder's word, those MMs will try to make the stock price lower even they got more buyers than sellers. You have to understand those guys are just businessmen, they just have royalty to $$ but nobody. They certainly will try to collect all the money they can to kill all the option buyers who want to make money from them. Only way to do is to raise the stock price to $26.5 in the earlier morning to attract buyers if they can, then push down the price so they can keep people's option money in their pocket.

So I am really eager to see CS's earning as soon as possible.
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