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Technology Stocks : Cascade Communications, CSCC

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To: Magnifique who wrote (11)2/18/1996 5:16:00 PM
From: scott dinquel   of 42
 
Overbought?
Overbought and oversold are the two most overrated concepts in investing. I would bet that ASND was extremely overbought during all of its 600% + runup last year. The takeover news was discounted long before this last run. Me? I like the momentum of this stock/group and until it starts showing some weakness I'm a buyer.
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