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Technology Stocks : Cascade Communications (CSCC)
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To: Peter who wrote (1785)1/24/1997 5:28:00 PM
From: Surfer   of 3743
 
Peter,

>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.>

How can you say that? With 1997, earnings estimate of $1.14 and 1998
$1.70, CSCC Forward P/E is 36 with EPS growth rate is 49%.

Regards,
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