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Technology Stocks : Cascade Communications (CSCC)

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To: Vladimir Zelener who wrote (3064)3/22/1997 4:20:00 PM
From: john g. bartelt   of 3743
 
The dollar will fall. Greenspan and the US automakers like GM and
Ford will promote a weak dollar to compete against Japan Auto Makers.

A lower dollar means more sales for Cascade. With regards to Greenspan, he has been fooling with the market. The profit taking on tech-stocks was caused by Greenspan in my opinion. Money managers will take profits and hope small investors will continue to jump ship. Once the monay managers have accumilated the tech-stocks cheap, they will run, run, run with them. They did the same think last June.

You watch, the tech-stocks will have a great run soon!

Regards

JB
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