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Technology Stocks : Cascade Communications (CSCC)
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To: Alec Epting who wrote (2557)2/27/1997 6:09:00 AM
From: Gregory Prokter   of 3743
 
Alec,

How in the world CSCC can reach 45 if forward looking p/E is 40 and the company is growing at the 30% rate? I can't believe how some people are just day dreaming or get engaged in the wishfull thinking or simply fall inlove with their stock and spend more time buying and checking a refrigerator than researching the stocks they buy. CSCC might jump there but it would be a total speculation.

GP
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