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Technology Stocks : Cascade Communications (CSCC)
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To: kvogel who wrote (3062)3/28/1997 11:49:00 PM
From: Tony Wang   of 3743
 
Agreed! I think Cascade made a low with that minor new trade at
$23 3/4. It has been the stronger of the Networking Stocks in this mire of weakness. I think it is gathering strength to make a move to
$42. At $34 with 2 closes at or higher it would signify an upside
breakout. There is a lot of shorts if this stock. My broker told me that their stock loan dept had a hard time borrowing the stock to cover all of the customers shorts.
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