Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Bull-like who wrote (2316)	2/21/1997 1:32:00 PM
From: Andreas Helke	of 3743

I'll turn bearish if CSCC goes up to $33.25 to trigger my buy stop and subsequently takes my new shares down to $20. I thought that CSCC was reasonably priced (in line with other networkers) at $40. I bought the shares back at $39 and sold again at $35. I had originally sold them for a small gain at $75 after the earnings release in october. I have already seen in US Robotics that no real bad news is necessary to bring a company down. I still don't understand why USRX trades for $60 instead of a triple digit price. I have no idea where the CSCC price will go short term. But I have enough faith in the growth perspectives of CSCC that I would keep my shares if the buy stops trigger. I think I will set up the next one at $24 or $25. Andreas

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