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Technology Stocks : Cascade Communications (CSCC)

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To: Czechsinthemail who wrote (3657)5/28/1997 3:15:00 PM
From: Glenn D. Rudolph   of 3743
 
Interesting that Utendahl has decreased estimates on CSCC while upping their rating on ASND from Hold to Strong Buy on the same day. Do you think they might be playing the spread: buying CSCC and shorting ASND? Baird, I found it more "wierd" than interesting. The spread is as good a guess as any. It does not make sense at all. Glenn
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