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Technology Stocks : C-Cube
CUBE 36.35-0.3%Jan 7 3:59 PM EST

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To: Mike B who wrote (16161)5/23/1997 9:09:00 PM
From: AlienTech   of 50808
 
>> Looks to me like CUBE is coming off its bottom. Could be time to get back in. <<

Dont bet on it yet. Although its possible for the stock to move up a few points by shorts covering this stock has a little bit to fall farther. It is not like comming in a few points below estimates. Heck dropping 50% of earnings should be enough to be a hammer slamming on your face. Since I lost a lot of money on esst I know how hard it is but in esst's case they mentioned that next quarter would be bad already while saying we also had a good previous quarter. In this case this stocks bound to hit the low's of the lows till prob next year when earnings pick up. Saying we are doing great and then dropping this ball does wonders to your credibility. Think about it over the long weekend and decide if its worth sticking with it. Loosing a few points/share if and when it goes back up is a lot easier to handle than just waiting and hoping it will go back up but never does. I guess by now both esst's and cube's supporters are very happy with themselves since they bashed each other up real good. Sleep tight.
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