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Technology Stocks : Cascade Communications (CSCC)
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To: Don W Stone who wrote (1938)1/27/1997 6:07:00 PM
From: Flan   of 3743
 
The momentum funds were definately the big holders of this stock. No value fund would touch a stock with such a high P/E. Earlier you talked about trading volume - remember NASDAQ in its efforts to try and best the superior Big Board (NYSE) in essence counts a trade twice so the 40+ million shares they reported Friday in reality represented 20 million shares that actually traded hands. When examining the shares traded vs float this is a better figure to use.

I am curious does anyone have recent insider filing information?
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