Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Ken Chapman who wrote (3351)	4/2/1997 2:01:00 PM
From: David Rubin	of 3743

I think you caught a bottom, but the merger has definitely shaken things up. Before the merger, CSCC looked like it was headed back into the 30s. On the other hand, the earnings warning probably would have sent the price down another 20% if it hadn't been for the merger. By no means is CSCC a "relatively safe" play. Networking stocks, especially right now, are not safe -- short term. But if you're in it for the long haul (and you should be) I'd say stick with it and don't get upset with day-to-day fluctuations. CSCC may drop into the teens but I seriously doubt it will go much lower. This is not a company like SHVA whose business is falling apart -- it's a strong company in a down cycle that will definitely rebound. In the long term, if the merger works, it will make ASND a market leader, perhaps #2 behind Cisco.

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