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Technology Stocks : Cascade Communications (CSCC)

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To: Bull4Now who wrote (1994)1/29/1997 8:26:00 PM
From: Bull-like   of 3743
 
Bull4now,
Most of those 7.1 million shares shorted are gone. So, don't expect any major lift of cscc's price due to short squeeze.
Unfortunately, you bought cscc at very high prices. In this market, you don't just try to understand the fundamentals, especially those so called "fundamental" you heard from some of the hypes in this thread. You have to follow the trend. CSCC was in distribution mode since last OCT! This company is not big enough, and diverse enough to warrant a long-term holding. If you are a long-term investor, I would strongly suggest CSCO. It's amazing to see a press-release (IBM/3coms/cscc) all of sudden making people believe that it's the beginning of cscc bull-ride, and the end of CSCO. How naive could that be!

My two cents

Da bull
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