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Technology Stocks : Cascade Communications (CSCC)

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To: Glenn D. Rudolph who wrote (3521)4/12/1997 5:17:00 PM
From: Peter Caradonna   of 3743
 
Soon the CSCC products will just be a product line of ASND. What companies trade based on the performance of one division. None. The value of CSCC stock is set at .7 of an ASND share. The market further discounts this by about $2.00. ASND will be fine. Networks are not done growing. There will be economies of scale when the two companies are joined. The bet way to take advantage of the situation is to buy CSCC and end up with ASND shares. Tech companies offer the highest growth in the market. Nets are the highest growth in the techs. What CSCC earns before the merger is irrelevant.

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