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Technology Stocks : Cascade Communications (CSCC)

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To: Jack Skinner who wrote (2435)2/24/1997 9:21:00 AM
From: kvogel   of 3743
 
More good news this morning. Releases have been positive showing business expanding in foreign countries and new contracts in the states. Can never be sure that fundamentals haven't changed but can't site anything that proves they have changed. Do you own the stock and did you short it or buy puts to support your beliefs. CSCC seems to be growing at 30% or more per year and will make more than a dollar per share in '97. Stock should be worth 30-45 from a conservative standpoint after the dust from momentum players settles.
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