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Technology Stocks : Cascade Communications (CSCC)

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To: AL TOTH who wrote (2387)2/23/1997 3:58:00 AM
From: Doug Fowler   of 3743
 
Al:

I don't know of anyone who bought Intel for $15 (split-adjusted) two years ago (unless they were employees exercising stock options).

The last time it traded for that low a number was in October 1992 (15 3/16 was its low that month.)

I was fortunate enough to buy for about $29 a share back in December 1994, but sold most of it after it had doubled. (I've kicked myself over that one MANY times.)

By the way, I agree with your choices in INTC, CSCO and USRX. Don't know enough about CSCC, but have been watching it very closely for about a month now.

Doug
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