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Technology Stocks : Cascade Communications (CSCC)
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To: Ed Frye who wrote (2074)2/6/1997 2:11:00 PM
From: David Rubin   of 3743
 
With stocks like ASND and CSCC falling into more reasonable P/E ratios (about 75 and 50 respectively) how long do you think FORE can hold on with a P/E over 100?

Soon enough it will stop growing fast enough for the momentum players and undergo a correction.

Nonetheless, one day the nervousness in this sector will wear off, and all of these stocks will prove to be solid long-term investments. ASND, COMS, CSCO, FORE, CSCC, USRX ... hold 'em for 5+ years and I bet you'll be happy.
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