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Technology Stocks : Cascade Communications (CSCC)
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To: steve harris who wrote (2690)3/5/1997 6:32:00 PM
From: Glenn D. Rudolph   of 3743
 
Steve,

There seems to be a variety of press releases that would be permissible and would help the shares of CSCC. Mr. Smith, himself, could have made a public comment regarding his 100,000 share sell. He could have stated the sell had nothing to do with his knowledge of the future of CSCC but could even have gone on to say why he chose to sell at that time. The timing was bad and it made me and I am sure others have uncertainty about CSCC. Mr. Smith is permitted to make such statements.

A joint press release with the CEO and the CFO both indicating CSCC is on target to make expected earnings. Denying the aledged prior difference would then not be necessary.

These are a few statements that could have been made to give the investing community more confidence. They would need to be true of course. My two cents worth.

Glenn
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