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Technology Stocks : Cascade Communications (CSCC)
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To: Tera Bit who wrote (1717)1/22/1997 11:07:00 PM
From: Ed Frye   of 3743
 
ASND and FORE have already released earnings and both have done well in the service provider space. This suggests CSCC's margins and market share could be under pressure. For example, FORE's penetration into this market has increased from 2% to 16% in the last 12 months according to Vertical Systems Group. Tomorrow's earnings unlikey to greatly exceed, IMHO. Price has already run up 15 points in anticipation of a good #. Anything less than a $.05 upside will likely bring us back to 50 range.............ed
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