Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: zeuschan who wrote (2457)	2/24/1997 5:54:00 PM
From: Ling Chen	of 3743

>>I am still shooting for $14-$16 a share, though I am making money if I sell at today closing price. I don't think CSCC will go to $14-$16 range. I think this stock will definitely hold above $20/share. Very possible $24 1/2(Last Friday day low) is the bottom. I remember before CSCO acquired STRM. STRM went to around $24/share. At that time STRM quarterly revenue was around $100 million, which is less than CSCC current quarter. Therefore, I think CSCC right now is very cheap in terms of its future growth ratio, PE value and their product line in the fields.

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