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Technology Stocks : Cascade Communications (CSCC)
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To: mike angelo who wrote (2539)2/26/1997 1:57:00 PM
From: MoonBrother   of 3743
 
Intra-day Update
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CSCC is looking strong! With DOW lost 80 pts, and Nasdaq lost 10 pts,
CSCC is still staying above $33. This means that there is a strong buying base sitting at $32.5 (Yesterday's closing). This buying power may pour into the market should DOW and NASDAQ getting better later this afternoon. How should it move? My guess is that if DOW cuts its loss to within 30 pts and NASDAQ cuts its loss to <3 pts, then CSCC should break $35.

Good luck!
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