Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Glenn D. Rudolph who wrote (2353)	2/21/1997 9:08:00 PM
From: AL TOTH	of 3743

PART 2-- 7.Regarding Smiths sale of stock--He has a record of selling stock once a quarter when he sells--He sold this stock two days after earnings announcement and was a normal sale and not based upon concerns for the company.. 8.Regarding the large drop in stock price--The stock was propped up to a very high figure by momentum investors who owned alot of CSCC stock. Once they started leaving CSCC the stock tanked. Now it is at a multiple that is below similar companies in their industry(Read as stock was being reduced to fair value and is now undervalued). 9.Last and I feel most important he stated that: CSCC HAS NEVER BEEN BETTER POSITIONED IN MARKETPLACE for 2 reasons-- #1-The breadth of customers is as wide as ever--250+ and very loyal to CSCC #2-The breadth of product is as wide as ever!!! I have tried as best as possioble to summarize his comments.However it not intended to make your own investment decisions. I like many of you have CSCC stock and couldnt understand what CSCC had to say. Since I was able to hear the above I want you all to know as I know you would do for us CSCC sufferers!!!!

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