Cascade Communications (CSCC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cascade Communications (CSCC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tera Bit who wrote (1757)	1/23/1997 7:22:00 PM
From: Thomas C. White	of 3743

Agreed -- buy more (I will probably buy back what I sold today) but I have sneaking suspicion we are headed into potentially steep market selloff so I am not decided about whether to buy tomorrow. If DOW is down 100+ tomorrow then it's hard to tell what next week will look like. Probably will buy back if I think it is oversold by panic sellers (if it gets down to 50 I am surely back in, maybe some at low 50's). As to some comments about this being $30 stock, well, you wait 'til it's $30 to buy and then let me know how it goes. In the meantime, I've always bought CSCC when someone was saying it was toast and I've always made a minimum of 30% each pass. If margins were same as last Q, then some other factor must have been involved in slight growth rate decrease in net income vs. revenue, maybe increased R&D etc. I'm leaving for overseas business trip this weekend (MISSING SUPERBOWL!!) and don't have time to look up last Q revenue/expense breakdown. Someone else to comment?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next