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Technology Stocks : Cascade Communications (CSCC)

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To: Anthony Grosso who wrote (2218)2/18/1997 7:13:00 PM
From: Ling Chen   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.

Exactly like what you said. I didn't see anyone rated CSCC as a strong
sale when it was $90. After a stock lost momentum, eveyone came out
said it's overvalued stock. Those analysts are really bullshit sometimes.

Actually I did short sale when it's around $90 and covered at around
$60. I think right now CSCC is really too cheaper in terms of its
growth ratio and future earning. I switched to long when it droped below
$35. I am thinking to buy more if it goes to $30 again. Do your fundamental research by yourself.
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