Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: (no name provided) who wrote (1908)	1/29/1997 2:59:00 PM
From: Bull4Now	of 3743

Hello. I've been following this thread for the past week. I've been enjoying the intelligent perspectives and the respect everyone has for one another (which is obvious in each of your posts). I purchased CSCC at 74 and averaged down to about 66. Needless to say, I'm not a happy camper right now... but I'm in it for the long run. Does engineer or anyone else have any specific, concrete information on why CSCC resisted being bought by CSCO ? It would seem to me that CSCC would have jumped at the chance. If I remember correctly, CSCO owned about 15% of CSCC at one time (and owns about 3% now). I've heard (rumoured) that CSCC wants to expand its product breadth to be able to compete with CSCO on a broader market basis (obviously this would take a long time). On the other hand, it was also my understanding that the CSCC founders' MO was to start a company then sell it and move on. These two comments are not based on any solid facts I have, but I would love to hear if any of you have any information which might support or discredit them. BTW, CSCC was shown as having approx. 7.1M shares shorted as of Jan. 15 in IBD. Regards.

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