Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: JC. S who wrote (2822)	3/12/1997 5:18:00 PM
From: Steve Sucheck	of 3743

Frist off, anyone can do simple TA (www.iqc.com)it's all for free. A double bottom \_/\_/ pattern is a buy single. High volume at the bottom of bearish trend frequently signals the bottom. An inflection in the momentum chart is a buy of sell signal depending on the direction. Stochastics are a very popular indicator. There are two lines a fast and a slow. When the fast crosses the slow and both have a positive slope that's a buy signal. There are examples at the site I listed. The stock is pricy based on fundamentals p/e price/sales and price/book However, if the eps growth real is 50% the stock is a good deal and we'll make money. I hope they can do it. Valueline has them ranked a 2 for timelyness and 3 for safety with a 200-300% appreciation potential and that was at $33.

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