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Technology Stocks : Cascade Communications (CSCC)

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To: streetclam who wrote (3067)3/22/1997 8:46:00 PM
From: J. P.   of 3743
 
Clam,

Where did you get your numbers that the 5 insiders were selling for
29.5/share? My net cost basis is around $23 and I'd sell for $29.5 in a heartbeat also! Wouldn't blame 'em a bit...

Also, I'm very impressed by the general level of analysis on this thread (which I've been following since I bought a couple of weeks
ago). I know for sure that this is the right time to buy, because
if everyone was upbeat and high fiving, I'd know that I missed it.

This is a repeat of last July. The excedrin headaches of the Daily Nasdaq destruction that occurred. Then those tech stocks that were so "overvalued" proceeded to rocket until January. Now these stocks are getting ready to rocket again (might take a couple of months) and we're all going to be there.

ATM and gigabit ethernet aren't ready to take all of the share from Frame Relay (see contract with Chile), and the network people where I work (a fortune 500 company) assure me that we're upgrading using frame relay (in the near term).

Just don't hang on too long and forget to take your profits after this stock decides to rocket.
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