SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cascade Communications (CSCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alec Epting who wrote (2557)2/26/1997 8:42:00 PM
From: Andie Wei-Ku Lin   of 3743
 
CSCC VALUATION AND M&A RUMORS

M&A seems to be the trend in the networking sector. As 3Com and
US Robotics demonstarted today, being able to provide customers
with a full range of networking services is important. Trading
at around a 25 multiple, Cascade Communications could be considered
undervalued. Technical resistance on the stock is at 35...but,
if they are, in fact, taken over, then technical resistance
means very little. At the current price, however, Cascade could
be taken over at a discount...but I'm not sure who the candidates
are, as suggestions of Ascend, Fore and the like would result in
a bit of overlap/redundancy. Perhaps Lucent? Like a said, I don't
follow M&A very closely, so anyone could offer some insight here.

Andie Lin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext