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Technology Stocks : Cascade Communications (CSCC)

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To: Thomas Kiser who wrote (2376)2/22/1997 4:46:00 PM
From: Amir Shalit   of 3743
 
Thomas, the amount of fear and desperation on this thread
looks like a real reason to buy. I've never invested in a
networing company before, so I think I can be somewhat
objective.

I was fully invested in semi equip during the big selloff
of early summer '96, so current situation is somewhat
similar.

I agree that the stock must stabelize first and all
the chickens must leave. That didn't happen yet but I expect
it to happen within days. It looks to me that 20-21 is a good
support going back to the semi crash of late '95 (I was fully
invested at a time in semi's).

One advise. One must diversify and try to idetify leaders.
Companies with low margins may take more time to recover.
Some companies will recover much better than others. Some
will never recover. I really doubt CSCC is one of them but
I will also buy few others just in case.

Amir
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