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Technology Stocks : Cascade Communications (CSCC)

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To: Glenn D. Rudolph who wrote (3071)3/22/1997 7:53:00 PM
From: kvogel   of 3743
 
Large Money Managers have been DUMPING CSCC<ASND<COMS<CSCO. They don't want to show them in their portfolios because they're losers now. This quarter ends soon and they will start buying soon because they see value and a rally will produce a positive chart pattern. The Market Makers and more progressive funds are accumulating this stock at these prices. They will help propel the run which I expect to see very soon. A final meltdown may occur but CSCC should hold above 20 even in the worst case. Also Greenspan and the dollar don't have a big effect on the company. They have NO DEBT and make products that are technologically superior and one of a kind. Foreign countries want the best technology that is scaleable and dependable and CSCC is excellent in that arena.
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