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Technology Stocks : Cascade Communications (CSCC)
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To: steve harris who wrote (2215)2/18/1997 5:07:00 PM
From: Anthony Grosso   of 3743
 
These broker houses and their analysts are worthless. If they are so sharp why don't they warn of problems before earnings come out. How many times have analysts cut their recommendations on a company the day earnings come out or raise them the day earnings come out and they're good. What we need to focus in on are the fundamentals of the company. Frame relay and ATM are expanding. There international business is expanding. That's how I see it. It's difficult to catch the low on the stock and hard to sell at the top. We just may have to become more long term investors. I don't think the fundamentals of the company have changed.
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