Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Carl R. who wrote (3057)	3/22/1997 2:43:00 PM
From: Zeev Hed	of 3743

Carl: I still do not understand why you insist on catching falling knives. I really do not know where it will stop or turn around, but the whole group is still looking sick, as you stated yourself, good news are disregarded and mildly bad news are punished. Look at Fore resuming its cataclismic spiral down Friday. CYRX last year dropped from 23 to 15 in one day after a bad report, after drifting down from 39, these things can and will happen. The Ides of March have passed, but I am still holding for early June at the earliest for a turn around. By the way, I see dsigns that the semis and semi-cap are joining the lamentating party. LRCX is broken, INTC is broken and so is CYRX. AMD is down more 20% from its high and Micron starts to look sick as well. AMAT breaking 40 could cause a climactic meltdown there as well. Zeev

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