SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (21639)6/22/1999 11:52:00 AM
From: Clint E.  Respond to of 69913
 
Hi Suresh. I do follow CACS. If you notice right after last quarter earnings, the stock got dumped. I think that was because of what was said about gross margins not sustainable in the coming quarters. Also a couple of their competitors(PRMS & ADTN) dropped prices on competing access equipment line so I think the stock took a serious beating(price competition). I think this stock is/was also heavily shorted.

Hope this helps.

Clint