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Technology Stocks : Cascade Communications (CSCC)

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To: Steve Sucheck who wrote (3144)3/28/1997 10:28:00 AM
From: JohnV   of 3743
 
There is a good article on the networking sector in the Fortune dated 4/14. Worth buying if you ever wondered about the big picture in who does what in networking. May be too basic for some of you BUT they do a company-by-company assessment of damages done to date. Cascade is discussed last.

Key sentence: "At $25 a share and a P/E of just 23, the stock is so cheap it is practically screaming for investors (or a larger company) to snap it up."

Thought you'd like to know. This may be one of the reasons we've held up so well the last few days.
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