Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: kvogel who wrote (2672)	3/4/1997 3:12:00 PM
From: Glenn D. Rudolph	of 3743

"Some large sellers are dumping today. Opening at 30 1/4 was on only 13000 shs. Market makers knew large sell orders were coming and are taking advantage. Prices were dropped immediatedly so sellers couldn't get good prices. However, this should be cleared out in a day or 2. The large volume should lead to a good upside move and the stock should hold above recent low." Kvogel, Do you have any idea why large sellers are dumping today? Why not yesterday for example? This stock scares me with the CEO sale and confusion about what the CEO and CFO said. I do not want to close my positions and lock in my losses. I sure hope you're correct about the upside move. Glenn

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