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Technology Stocks : Cascade Communications (CSCC)

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To: Peter who wrote (1785)1/24/1997 7:49:00 PM
From: Dwight E. Karlsen   of 3743
 
Peter, >This stock is NOT oversold. At a price-earnings ratio of 70, it is still over-valued.<

This is incorrect. At Price of 41, trailing 4 qtrs PE is 57. (41/.72)

Congrats on selling your puts today.

Dwight
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