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Technology Stocks : Cascade Communications (CSCC)

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To: Scott who wrote (3116)3/26/1997 11:50:00 AM
From: Bosco   of 3743
 
<Rumor...Rumor..Rumor...Buyout talk on the floor..Traders Etc..Therefore...buying in options..and stock up..>

or simply the networking sector is ridiculously depressed. Yesterday, Montgomery Securities's Thornhill thought the tech sector is still a good bet - he mentioned FORE and CSCO in the networking sector.

from a slightly different perspective, relatively speaking, interest rate hike tends to hit the large caps harder, because small and tech stks tend to have less debt (if one is to consider bonds, debentures, pf etc.) So people may want to swamp back to the growth sector

anyway, whichever the case(s) may be, i'll take it :-)

regards

Bosco
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