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Technology Stocks : Cascade Communications (CSCC)

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To: Dwight E. Karlsen who wrote (2449)2/24/1997 11:40:00 AM
From: Brian C   of 3743
 
To All,

From the small, limited report I have the largest individual holders are as follows

Cehn Wu-Fu 2,570,000
Deshpande Gururaj 1,030,000
Gabrieli Christopher 257,000
Grayson Bruns 192,000

Total 4,049,000

Ellison is not mentioned. Further, according to value line management controls something like 4.5% of the shares and I believe there are 88,978,995 share for a total of 4,004,054 shares held by management. The cut off point seemed to be about 192,000 shares & again no Ellison.

Something doesn't add up?

I sent the following Email to Cascade but have received no response. Does anyone know for certain how many shares Ellison owns? From what I have seen he has dumped 100%, which is NOT confirmed. I always worry about a mercury finance situation with a company like this.

"ir@casc.com

Can you please tell me how many shares Mr. Ellison owns in Cascade. I know he registered to sell approximately 100,000. Did he in fact sell those shares? How many shares does he hold currently.

Thanks,

Brian"

I will post a response from Cascade, if I receive one.
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