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Technology Stocks : Cascade Communications (CSCC)

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To: kvogel who wrote (2811)3/12/1997 11:47:00 AM
From: bob zagorin   of 3743
 
here are some more buy signals.. by my figures, soundview predicts 60% growth from 97 to 98 while UBS (below) predicts predicts 40% long term. over time a good tech stock will command a pe on earnings a bout a year out close to its long term growth rate. $1.80 x 40 = 72. n'est ce pas?

SOUNDVIEW FINL has reiterated estimate for fiscal year ending 12/97 of $1.10 on 03/11/97

SOUNDVIEW FINL made new estimate for fiscal year ending 12/98 of $1.80 on 03/11/97

UBS SECURITIES has reiterated estimate for long term EPS growth of 40.00% per year on 01/29/97
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