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Technology Stocks : Cascade Communications (CSCC)
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To: Glenn D. Rudolph who wrote (2477)2/25/1997 12:15:00 AM
From: Joan Osland Graffius   of 3743
 
Glenn, the message was the tech sector has been oversold, especially the communications stocks. They mentioned CSCC and others, as well as Intel price target $200 and price target for MU at $55.

They did not give a price target on any of the communications stocks. They discussed the growth in communications and associated technologies is greater than anywhere else in wall street.

Mary Farrall (sp) basically had the same message today also. I think she is with Paine Webber and believes growth sectors is where you should have your investments. She is a regular on Wall Street Week and has been a fan of Cisco.

Joan
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