ZORAN (ZRAN) The next C-Cube?? Message Board

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Technology Stocks : ZORAN (ZRAN) The next C-Cube??

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From: Winner Victorious	3/25/1996 2:38:00 PM
	of 57

Unfortunately, technical indicators mean nothing, when there is a sudden, unexpected bad news, James. I owned another MPEG company - SIGM - Sigma Designs, but sold on the news about IBM entering the field. CUBE, SIGM, and ZRAN are down 15 to 25% now, and my advice is to stay out of the group in the short run. I bought SIGM at 5 3/8, sold at 11 and 10 (today). We had a lot of good news and a slipping stock price - todays announcement was the catalyst. In the best case scenario, there will be a change of valuations, and MPEG companies will have to trade in the 15 - 25 P/E ratio ranges, not 50 - 70. Good luck to all!!!

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