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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 9:30 AM EST

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To: Craig Rogers who wrote (12801)4/6/1997 11:42:00 AM
From: stockbug   of 50808
 
Don't give the traders and market makers any ideas. Think positively. Someone might put in stop limits if they think the sentiment is for the stock to close down. Do you want a repeat of Thursday. Postitive thinking works.

I personally think the stock will go higher as we get closer to earnings because if something was wrong Balkanski would not have taken such a positive posture at the Lehman Conference last Friday. It would have been suicidal for him to have been so upbeat if the figures were not going to be good.

If you noticed the volume doubled up in the last hour after he finished talking and the price jumped a point in maybe 1 minute. The traders and market makers would not have moved it if they or the shorts didn't think it would go higher. You realize it closed 1 3/8 of a point higher than last week's close and this is the highest bid and ask for the week. In fact when the market closed and the stock settled initally it was 27.5 this 27 3/8 trade was posted maybe 15 minutes later.

Let's face facts this stock is only trading at such low levels because the short sellers have repeatedly used unsubstaniated statements to move the stock down.
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