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Technology Stocks : Cascade Communications (CSCC)

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To: Timothy Tashjian who wrote (1892)1/25/1997 8:12:00 PM
From: Dwight E. Karlsen   of 3743
 
Timothy, where were your words of wisdom prior to Friday? I'll grant that I also felt CSCC has been over-priced, which is why I didn't buy until Friday. However, I didn't short CSCC prior on Thursday and neither did you, so I think it is rather shallow of you to come here now and say the stock is over-valued. Don't blame your broker for talking you out of shorting, because it was your money and your call. Also, If your precious HLIT crashed, I'll bet you would indeed "be hoping for a substantial rise" sometime soon.

Current trailing PEs: HLIT = 47, CSCC = 57. Lots of difference?

What was the point of your post? Why don't you short it out on Monday, if you feel so strongly about it? Don't tell me: Your broker won't let you.

Dwight
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