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Technology Stocks : Cascade Communications (CSCC)

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To: kvogel who wrote (2664)3/4/1997 10:26:00 AM
From: Bill McCullen   of 3743
 
CSCC down 1+ this morning while the rest of the group appears to be rallying (ASND, CSCO, COMS, CS all up). Anyone seen any news to account for it.

I must admit that the Fortune article posted by Immi makes CSCC management look aweful and makes me wonder what it is going to take to get some of the institutions interested in this company again. Inconsistency, even if it is only perceived, in the stories provided by the CEO and CFO combined with stock sales by the CEO is very unsettling.

CSCC's price may be cut in half by year end but it will have nothing to do with COMS/USRX and everything to do with CSCC management.

Bill
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