Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Thomas C. White who wrote (1784)	1/24/1997 12:02:00 PM
From: Peter	of 3743

I don't have any ill-bearing towards the shareholders of CSCC but I did forecast this drop. Check back a few messsages. Personally, I got aboard with 20 Feb 60 puts at 3 5/8. Just cashed out at 16 3/4 for a profit of $26,275. To those who are thinking of doubling down. This is not the end of the blood-letting. This stock will drop to $35.00 before the next quarter. Newbridge has dropped today - consider this investment. This stock is NOT oversold. At a price-earnings ratio of 70, it is still over-valued. If you're a shareholder short your position. Check out UBS's recent announcement about Cascade. The time for accounts receivable increased by 21 to 64. This reflects Cascade's efforts to meet sales targets by offering generous credit terms. They cannot keep this up forever. Next quarter will not meet expectations. Cascade is not the industry leader in ATM technology. Newbridge and Siemens just introduced the most powerful ATM switch yet. It can carry up to a terabyte of data. Wowwwww!!!! Still looking for other blue-chip tech investments. Any ideas???

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