Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Teddy who wrote (2379)	2/22/1997 6:15:00 PM
From: Amir Shalit	of 3743

Ed, it's funny that you mention Buffet at the wrong place and the wrong time. Buffet owns KO that trades at 40x current year earnings, 20x book value and growing about 17% per year. CSCC is trading at 25x current year earnings and growing at 50% per year. Who is more overvalued ? Would Ben Graham consider Buffet smart for holding on to Coke or just damm lucky? Yes, KO got a brand going for them but so are MCD, NKE and HD and none of them feature such a crazy valuation. Buffet doesn't like tech's but tech's give you the best returns when you buy them than people start discussing Buffet or predicting the end of technology as an investment vehicle. Just look at Semi Equipment 6-7 months ago. If you fully invested in the sector at the time, you would double/triple your money within than half a year! I did. Amir

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