Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: SStam who wrote (2481)	2/25/1997 2:39:00 PM
From: Andreas Helke	of 3743

I think most people agree that Cascade is one of the best companies in the network equipment field. But the stock is something else than the company. Its insane valuation made Cascade a very risky play for any shareholder. Now after dropping from $90 to $25 CSCC has reached an acceptable valuation but the effects of the big drop will make the future behaviour of its stock price almost totally unpredictable. I held some shares all the way from $60 to $90 to $25 and bought more and sold again at $39 and $35. Yesterday and today I began to load up on Cascade. I have now more than 3 times the number of my original shares and tied up somewhat less than half the money I want to put into Cascade. I hope that I will get an opportunity to average down. Otherwise I will probably find another use for my remaining money. Andreas

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