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Technology Stocks : Cascade Communications (CSCC)

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To: Tera Bit who wrote (2003)1/29/1997 11:54:00 PM
From: robert marshall   of 3743
 
Daniel,
I have been watching this thread for two weeks and your opinions
are very insightful. I had the misfortune of shorting Cascade about
one year ago. It has been a long arduous year to get even. I lucked
out and would never short this monster again. I am now long and sleep
much better at night.
I have been also thinking about selling 40 puts for March about
$5.00 what do you think? Should I go for it or just sit with my long
position in Cascade and not get greedy.
Where do you think we are going short term? Long term I feel
confident with Cascade at these levels. The fund managers really
beat this one up and looked like they enjoyed it. The last few days
it seems to go down a little with the larger trades. But it seems
to have support. I hope it goes up tomorrow.


Thanks,

Bob
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