Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Flan who wrote (1936)	1/27/1997 5:48:00 PM
From: Don W Stone	of 3743

David : I really appreciate your input. I have been trying to understand how so many institutional/fund buyers can be on both sides of the fence. Your input gives an added perspective .Is it really a fact that momentum funds were the big holders of CSCC? makes sense I guess. Thanks. This stock today absorbed about 3 to 4 times ave daily volume and only gave up 3 points . The 3 points is questionable in my mind in that i think the stock was trading at 40 around 3:00pm and then on relatively lower volume I was told margin selling kicked in and sent it down a point or more.. This was following fridays 42 milion share day. On friday the stock hardly moved( relative to the way it moves anyway) after the initial opening and soaked up at least 30 million shares. Call it a changing of the guard. I will still continue to accumulate. Meanwhile David, keep posting , I like the way you think. :-}

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