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Technology Stocks : Cascade Communications (CSCC)

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To: Thomas C. White who wrote (2167)	2/14/1997 4:17:00 PM
From: emichael	of 3743

Whatever happened to this? Deutsche Morgan Grenfell analyst Jim Parmelee said he started Cascade Communications Corp with an accumulate rating and set a $50 12-month share price target. -- He estimated earnings at $1.10 a share for 1997 and $1.50 for 1998. -- "We conservatively project a three-year annual growth rate of 35 percent for the company," Parmalee said. Copyright 1997, Reuters News Service

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