Between your Web server and a user requesting your page, there may be proxy servers configured to cache Web pages for faster response times. Usually ASP pages are developed to be unique for each user or may contain secure information. For this reason, IIS sets this property to "Private" so that proxy servers or other cache mechanisms will not cache pages. You can override this default value, setting it to any value supported by the HTTP/1.1 protocol. For more information, see the Hypertext Transfer Protocol, HTTP/1.1 specification of section 14.9 on the World Wide Web Consortium Web site.
If there is no cache mechanism between your Web server and a client computer, or if a proxy server is running HTTP/1.0, CacheControl will be ignored.
Setting CacheControl to "Public" may seem to improve the performance of your .asp files, but it is discouraged if you generate custom HTML for every request, and a proxy server might interfere with the response.