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Technology Stocks : C-Cube
CUBE 36.76-0.5%12:47 PM EST
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To: Andy Chen who wrote (13145)4/10/1997 1:12:00 PM
From: Ed's Head   of 50808
 
Andy Chen: Over the past 90 days the analysts have
carved Cube's 1st quarter earnings estimates from
as high as .47 to as low as .37. That's why Cube has
dropped to as low as $21. Also there has been some
pressure from ESST, and negative comments from
dudes like Herb. I see the above as some of the reasons
for Cube's nasty drop from the high 30's to 21.

As you well know by now I don't like guru's and
don't believe them. For they can throw any number
out there they want to. I think this earnings trashing
is not warranted, and have taken the contrarian's point
of view. I also think that I'm not the only one who thinks
this way, and attribute some of the recent run from 21 to 30
to this style of thinking.

good luck c-ya!
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