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Technology Stocks : Cascade Communications (CSCC)
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To: Lockhart who wrote (2193)2/17/1997 8:58:00 PM
From: Joseph   of 3743
 
Guys, guys, relax. Dont run out to buy just because it came
down. Stocks rarely crash and burn and rise right back up.
The only time that happens is when there is some mistake that
is later rectified. Cascade will hit a bottom, hang around
for a while, and if the conditions are right, will take off again.
Wait for the base before buying.

Also, it would probably be wise to wait until the CSCC's PE comes
to a level comparable to CSCO or at least that of the average networking company.
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