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Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

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To: Bradley C. Pearce who wrote (210)6/16/1997 6:26:00 PM
From: Todd D. Wiener   of 381
 
Bradley-

CCSC appears to have completed its corrective phase, having bounced at 20.75, exactly at its 25-day MA. Volume was good today, and I suspect the stock will resume its upward trend, perhaps breaking above $25 this time. The $25 point has seen 3 failed rally attempts so far. If volume is good, I think CCSC will break through.

It looks like CCSC may be a good short term buy tomorrow, and it's a good point to add to long positions.

Todd
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