SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: john g. bartelt who wrote (3101)3/25/1997 1:00:00 PM
From: Glenn D. Rudolph   of 3743
 
Money managers are accumulating the tech stocks in blocks. That's why
you see big jumps and then a slow decline. There is alot of suport for
Cascade at 24 3/4 to 26. when the stock tests the 24 number it seems to
go up a $1 or so.
I am not an expert. I am only offering a possible answer to this sell
off.


John,

Judging by the chart of intraday sales I would agree. To get anywhere significant, we are going to need a real nice breakout.

Glenn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext