Cascade Communications (CSCC) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Scott who wrote (3230)	3/31/1997 9:09:00 AM
From: Jack Skinner	of 3743

There are a lot of negatives to this deal: Deal isn't consumated for 6 months leaving a lot of time for bad earnings reports, strong dollar, higher int rates to negatively impact stock prices, ASND says it is dilutive in 1997, and won't be accretive until sometime 1998. This accentuates the already too competitive environment in networking industry. Earnings reports are coming in lower. There's a lot more shaking out to do. I guess that bout of selling of ASND back a few days ago when it went to 41 was ASND's insiders bailing out and a forewarning of things to come. Was that the same day that CSCC went to 23? I think we may see lower lows between now and September when the merger goes through. CSCC will probably open higher today, but I think it will go lower. I plan to sell and wait it out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next