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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 9:30 AM EST

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To: Taby who wrote (11128)3/7/1997 5:13:00 PM
From: stockbug   of 50808
 
I hope you do not mind my two cents worth. If you noticed the movement on CUBE when it goes down it is on light volume overall and if you look at the volume when it went up week before last you had a bounce from 25 3/8 to 34 with heavy volume and then a pull back which if you recall occured ahead of the speach from a guy named Greenspan. I have seen several large block trades and very few to the down side. Also institutional buyers do not need to group all their trades in one block. These days it is easier to get a lower price on smaller blocks than large ones. And yesterday when he spoke again the stock was up in the AM and down in the PM like all the tech stocks. INTEL had been up 3 points and only finished up a 1/4. Today the stock did what happens every Friday as they pull the bids back in the afternoon. Did you also notice how CUBe started back up at the end while others did not.
Also I think you need to realize that the company has been quoted in Barron's that things are on track to paraphrase and I don't think the company would let this out if they were going to disapoint. I also think this company's stock performance is just like other stocks that short sellers choose to make false statements about. Now that you have the government stepping in and making example's of short sellers who spread false statements ( example the company in the shale extaction business where the government is mounting an investigation against the shorts for false press) I think that CUBE will start to rebound. Believe me the DVD will be big and remember CUBE is not a one product company like the Shorts would have the world believe.
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