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Technology Stocks : Cascade Communications (CSCC)
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To: Murat who wrote (3586)4/22/1997 9:44:00 AM
From: Orhan Birol   of 3743
 
The whole technology group, particularly the network stocks are under
pressure. I am afraid CSCO will dissapoint when earnings are released
5/6, although a lot of firms cut their earnings estimates. So my outlook is not that optimistic. I sold some naked puts on ASND last
Wednesday and covered at a profit. Although I have no position on ASND, unfortunately I have some customers on CSCC.
Iyi sanslar,
Orhan
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