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Technology Stocks : Cascade Communications (CSCC)
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To: Bobo who wrote (2624)2/28/1997 5:34:00 PM
From: Joan Osland Graffius   of 3743
 
Bobo, the fellow who covers Cisco for Merrill Lynch is Bellance. Now he has an accumulate short term and long term on the stock but does have a target for $85 in 12 months. The same analyst covers Cascade and after the the stock went down he upgraded it to an accumulate both short term and long term. He had a hold short term previously on Cascade. To tell the truth I have never seen him have a buy both short term or long term on any of these equipment or network companies. No rumors here I am sitting at my computer giving you this information from the Merrill Lynch Global Research review for February and this weeks changes.

In fact I have to dig to find stocks at Merril Lynch that are buy both short term and long term. The ones I am in right now that are buy short and long term are Intel, Microsoft and Oracle. This is a real conserative outfit.:-)

I do business with Merrill Lynch, and have all their research data.

Have a good day, Joan
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