Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: James Knight who wrote (2171)	2/14/1997 6:33:00 PM
From: Steve Lee	of 3743

Jim, The recent news from other networkers were not in favor of CSCC. First of all, CSCO's STRM had $160M bookings for the last quarter well above CSCC's most recent $110M which indicates STRM at least stopped CSCC from gaining market share. Secondly, NN grabbed FR contract from NYNEX which was assumed to be CSCC's lunch earlier. And there is no new, big contracts announced by CSCC with backend loaded last quarter, coupled with bearish tone for all the networking stocks, CSCC is in the worst situation for now. hope it will form a double bottom at 52-week low. Just my 2 cents Steve

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