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Technology Stocks : Cascade Communications (CSCC)
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To: Heg Heg who wrote (2856)3/14/1997 12:35:00 PM
From: Paul Dubsky   of 3743
 
Just the CSCO downgrade. As goes CSCO, so goes the rest of the group. I think CSCO is still overvalued as compared to CSCC, thus the downgrades. Note that no one has downgraded CSCC (that I'm aware of), only reduce some of their earnings projections. Short term, who can tell now days? However, long term (as short as 6 months), CSCC is an excellent value here!
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