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Technology Stocks : Cascade Communications (CSCC)

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To: Brian C who wrote (2362)2/21/1997 11:02:00 PM
From: ying   of 3743
 
Al, I see you also own USRX and CSCO along with CSCC (me too) - what a poopy day for networkers!

Can you tell us how you were able to talk to the CFO? So would you be a buyer at this level?

This stock tanks as fast as it has risen. I brought 100 shares at $46 a couple of years ago, and before you know it, it splits into 600 shares and was at $90 per share. It was a 10 bigger before you can blink your eyes.

Sold 400 at $72 last year :) but kept 200 : <; got more at 37 :<<<

$25 is ridiculous when there is no fundamental change in Cascade's business. I think it has a strong hold with the telecoms and I know telecoms don't like to change their vendors, espeically overnite. It is very difficult to change out equipment once it is installed and in service.
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