Good News!
Not sure when this was released but, thought it would help the mood here a bit! The article states EXACTLY what a lot of us have been saying, CSCC is a GREAT BARGAIN at current levels. Concerns about a sinking ship and inferior products are a joke! Take a look:
techweb.com
For those of you too lazy to check it out, here it is:
Cascade - Great Opportunity For Long-Term Investors from the March Software Stock Advisory Service
"Cascade Communications Corp. (NASD: CSCC) is a leading provider of high performance, multi-service wide area network (WAN) switches that enable cost-effective, high-speed, enhanced data communications services. It's target market is the burgeoning frame relay and asynchronous transfer mode (ATM) communication services industry. It is estimated that these markets may well grow at an annual rate of over 55%, from $4.5 billion currently to $27 billion by the year 2000. Cascade's customers include Ameritech, Bell Atlantic, Bell South, Intermedia, LDDS-WorldCom, US West and UUNet. It is the market-share leader in all of its business segments and has very strong, ongoing carrier relationships. The need for ever-increasing bandwidth for combined video, data and voice traffic augers well for Cascade. With the company's markets growing at an average of 30% to 50% over the next 3 to 5 years, we believe the share earnings will rise faster than the industry.
The recent massacre of this stock offers a great buying opportunity for long-term investors willing to endure the bumpy ride."
Description: Software Stock Advisory Service -- This newsletter offers
in-depth coverage of software companies.
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