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Technology Stocks : Cascade Communications (CSCC)

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To: Scott who wrote (2714)3/6/1997 9:54:00 PM
From: Bull4Now   of 3743
 
You Wrote:
Mr. Smith has 141,100 shares..Feb 19th he sold 100,000 at 36.25
he has 950,638 sharss in options he has sold 38 million in stock since 2/95..
Deshpande has 970,906 shares very little in options and over 34 million in past sales..
Mr. Champa has 64,800 shares left and about 2 million in options value.thats not shares..about 2 million in past sales once again not shares.Mr,. Champa is the VP of Sales...nice huh

***************

Where did this information come from ? The last prospectus I have says Smith owns and/or will vest in ~850,000 shares of stock.

IMO, one (one who has the cash to do so, that is) should ride this stock up to about $38 (maybe $42) leading up to the week of their earnings announcement and then sell before the announcement. When they drop the bomb (oh, and they will drop another bomb) on announcement day, you'll be out.

Good Luck.
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