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Technology Stocks : Cascade Communications (CSCC)

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To: DFP123 who wrote (2722)3/6/1997 12:59:00 PM
From: Bobo   of 3743
 
while it's true that most of the networks are slipping today, cscc is hard hit. i found this news:

CASCADE COMMUNICATIONS (Nasdaq: CSCC) lost $2 1/8 to $26 1/8 after worldwide sales VP Michael Champa yesterday registered to sell 108,000 shares.

does anybody know why this fool sold his shares? don't tell me it's another cyclical thing where he sells every other full moon or whatever bs.

any comments? has anybody tried calling IR?

two big time execs selling their shares... this don't sound good.
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