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Technology Stocks : Cascade Communications (CSCC)

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To: Tera Bit who wrote (2697)3/6/1997 2:22:00 PM
From: Steve Lee   of 3743
 
Daniel,

I have no bias against either CSCC or ASND. In fact, I respect their engineering efforts in making excellent products such as CSCC's STDX6000 frame relay switch and ASND' MAX 4004 which I've been working on. But their stocks have been way ahead of its fundamentals(when CSCC was at above 60s) and are manipulated partly by their management, IMO.

Yes, CSCO is the biggest portion of my portfolio along with some others because I feel it is the safest place to bet my money with. I have been following CSCC and ASND more than a year ago but never bought any because of the reason I mentioned above. I will be a buyer of CSCC once the dust gets settled down and their management improved their creditability. I still see ASND will go below $50 given overall industry slow down and its unsustainable high growth rate in the near future.

Steve

BTW, I never fall in love with any company/technology nor stock even Cisco which I've made most money from.
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