Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Tera Bit who wrote (2679)	3/5/1997 10:06:00 AM
From: kvogel	of 3743

CEO Smith sells stock every quarter at the same time to AVOID sending messages. Thus, it is not timed based on company's performance. It is part of his diversification program and he has about 1,000,000 shares ( This estimate is provided by Suzanne DuLong, mgr. IR at Cascade 508-952-1552. She is quite willing to discuss company issues to the extent she can.). Furthermore, he has options for more stock and tax considerations which help define his selling program. An accurate number for his shares held will be available soon as they are updating the company figures. Also she said the company is on track with this quarter's earnings. She said they have won some contracts which haven't been announced because these announcements are determined by their customers, not the company. I expect good news in March and April.

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