Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Paul Dubsky who wrote (3481)	4/10/1997 6:07:00 PM
From: margin_man	of 3743

No, it's not a bad earnings. It halted because of news pending. I don't believe TLAB is traded in third market. Here's from briefing.com: Tellabs (TLAB) 37 7/8 -1 1/4: developer of electronic communications equipment for both public and private communication networks reports 1Q net of $0.27 a share, excluding a $0.07 gain; company was expected to earn $0.24 a share; in yr-ago, TLAB made $0.17 a share. Revenue rises 34.3% to $183.66 million... Most high tech companies reports earnings today either meet or beat Street's estimate. Remember, CSCC already warned on March 31st that its earnings would be around 14 and 15 cents. Hopefully, with some good economic news tomorrow regarding the inflation, we will see a rally in NASDAQ tomorrow. Good luck, Patriot

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