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Technology Stocks : Cascade Communications (CSCC)
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To: Philip H. Lee who wrote ()3/13/1997 7:45:00 PM
From: michael modeme   of 3743
 
I just completed a very simple analyis of 66 tech stocks and there is a very nice relationship between projected earnings growth (2 years) and P/E ratios. From this very simple analyis it would seem that CSCC is undervalued by about 25%. So, fundamentally CSCC looks good to me (on this and other, more complex grounds).
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