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Technology Stocks : Cascade Communications (CSCC)
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To: Steve Wiz who wrote (1826)1/24/1997 11:52:00 PM
From: Jay Yang   of 3743
 
I was on the call and did not hear anyone say that earnings would slow to 30-50%. They said the industry would grow at 50% and that they would gain share. This implies greater than 50% growth! In fact, the CFO said today in an interview that he was comfortable with mid-50s growth for 1997.

This stock will be back in the $50s within 2 weeks.
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