FTDI cable compatibility

Hello group,
I have an FTDI 3.3V cable like the one attached and was wondering if it can directly connect to my BS2P.
I have read information about level shifting and inverting but not much about using the cable.
Also, could I use my old green FTDI 3.3V basic USB board from Sparkfun?
I'm pretty sharp with electronics but it's been a while since I've used a Stamp.
Thanks
Jim

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