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: Bosco who wrote (3411)	4/6/1997 7:41:00 PM
From: Ken Chapman	of 3743

Bosco, It seems to me that if you buy cscc as opposed to asnd, if shares of Ascend go up (following Thursday's earnings report, if favorable.) that Cascade should rise at a higher rate of return per investment dollar. Assume that you buy 100 shares of asnd @ $45 and 100 shares of cscc @ $30. Assume again that asnd closes @ $60 following earnings announcement (I know that this a lot to assume). At 70% of Ascend's closing price, cscc would be valued at $42 per share or $40 if you discount the merger possibly falling through. Ascend would have risen 33.3%, and Cascade would have risen approx. 40%. Dollar for dollar Cascade seems like the play should Ascend announce strong earnings. Just brainstorming a bit. I am long on Cascade, and might buy more. Any feedback? KC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next