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Technology Stocks : Cascade Communications (CSCC)

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To: casey (guessed password) who wrote (2740)3/7/1997 8:37:00 AM
From: kvogel   of 3743
 
Fore did not get 500 mil out of the deal. The 100,000 sh sale has been discussed enough and flat earnings this quarter is deceptive. This is a weak quarter so it should be compared to the same quarter last year not the last quarter. Earnings projections for this quarter are .22-.23 cents/sh. This is a very large increase over the first quarter '96 and the company says they are comfortable with $.22 for the quarter.
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