SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Scott who wrote (1848)1/25/1997
From: HeyRainier   of 3743
 
I am watching this stock with great interest.

I think I'm going to wait a while longer and let people lose their heads before I consider taking a position in this stock. There's a strong possibility the stock will jump at the opening, due to all the bottom fishers eyeing this one. But there's also going to be a lot of people who are going to realize over the weekend that they've just lost 30% of their investment in one day and realize that it's going to hurt too much and sell. The only thing I can say about this stock is that its movements in the short term will be incredibly violent due to the buyers clashing with more sellers.

Within all this chaos of course lies the potential for profit. One should not lose their heads too much over the stock's decline. There is a solid, well-managed company underneath this stock price. It is important to focus on the company's strengths and its prospects when such factors are not reflected in the stock's price. As for whether this stock is headed up or down, I can't say in the short term. But the values are there, and if this stock comes further down to earth, I'll be waiting for it right here along with plenty of capital. Value always wins out in the end. To all those who are long, hang in there. There's going to be light at the end of this currently dark tunnel.

Stay strong,

Rainier Trinidad
The Emerging Value Fund
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext