Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Paul Dubsky who wrote (2613)	2/28/1997 5:49:00 PM
From: Andrew Q. Viet	of 3743

I agree with you that CSCC has good earnings and sales growth records. The Titanic and Bismarck had had good records before they sank. The past is just a point of reference and what we are trying to elucidate is CSCC's future in the midst of recent chaos. Analysts can say a lot of things, but their records are not very good. They normally underperform the market. However, Their analyses are extremely valuable, but they are only the starting point before making an investment decision. It is unrealistic to expect CSCC to reach $85/share in 9 months!!! What kind of PE ratio does it deserve to have? How much are they going to make in 9 months? You called my crazy, maybe you are right; but at least I am crazy on the conservative side. I think your optimism for $85/share in 9 months is both fatuously greedy and hopelessly insane. CSCC right now is a ship that has been damaged in the Wall Street Storm. In my opinion, a good captain should take care of the damage first. Instead of doing that he is filing to throw his shares out of the ship. Buying at this point is like getting on board while the captain is deserting the ship. I certainly do not have the gut to buy CSCC at this point.

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