SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SStam who wrote (2204)2/18/1997 5:47:00 PM
From: taxikid   of 3743
 
Yeah I see things strangely.My condolences again to those who got hammered. The marketplace is not for the weak of heart.
I am in IDX I bought at 13 and am watching this thing flounder. I know it will fall for a while it may be 6 mos to a year before it goes up enough for me to break even as I sold half of my position today to
make my avg cost 14 per.
I would rather have extra cash to play rather than leave it all for a year or two.
I am looking for earnings CSCC and a new lower PE and pos news to
put some $$ up. I don't rightly know what stopped me from getting in at 40. But I am glad I didn't. I wouldn't have took a chance and shorted this stock either.
cscc has yet to find bottom resistance. I venture to say that a lot more people will be watching CSCC, Now that many took losses and got out, a few weeks have passed and the pe looks more reasonable.
This may prompt some seasoned veterans to get back in within a few weeks/ months.
We will see. Good Luck to eveyone
Taxi
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext