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Technology Stocks : Cascade Communications (CSCC)

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To: Jack Skinner who wrote (3299)3/31/1997 7:12:00 PM
From: Dwight E. Karlsen   of 3743
 
Jack, though I think you should cool it on the f*** words here, I do agree that these mergers are bad news for the stock prices between companies in which one or both is reporting a substantially missed qtr's earnings. Take it from a USRX shareholder who is a "long-term investor" (at 17 points up from where USRX is today). I wouldn't touch either CSCC or ASND for the next 3-6 months, unless there is a substantial sell-off before then. Ascend is looking better price-wise today, but it can always go down more, and it will, IMO.

DK
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