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Technology Stocks : Cascade Communications (CSCC)

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To: James Knight who wrote (2350)2/21/1997 6:29:00 PM
From: Bull4Now   of 3743
 
I lost a huge sum on Cascade... I'm one of the casualties (I'm part of history... what a story for the grandkids). I now own nothing in Cascade (and I'm much poorer than I was 4 1/2 months ago).

There is something seriously wrong with this company. Cascade gave no indication there was going to be any slow down in business during Q3 or Q4 of '96. The bomb was dropped when earnings were released (and during conference calls). Wall Street always seems to fortell the fortune (or misfortunes) of a company.

This quarter looks like last quarter. We're beyond half way through the quarter and there's no word from Cascade. With Cascade, no news is BAD news !

I agree with the previous comments that if Danny Smith is selling another 100,000 shares now, he's giving a serious indication that there's trouble in paradise.

Folks, the party's over. Cascade's lunch is being eaten by the Big Dogs.

Regards.
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