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

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To: george harriman who wrote (15950)5/21/1997 9:28:00 PM
From: Gregory Rasp   of 50808
 
Much better George. I agree that it is reasonable to be upset with Cube. I find it difficult to believe that AB did not know this was coming when he painted a rosey picture.

Three things:

I have never been certain that CUBE was going up, if I was, I would have put all my cash in the stock. In fact, I urged people with weak risk tolerance to get out.

I just don't like to see you blame people here for your decisions. There may have been excessive exuberance but that still remains to be seen. Check back in the year 2000 and we will know one way or the other.

Lastly, unless you can buy several hundred shares of a stock, I don't think you should buy it. Invest in mutual funds instead. I give the example of someone investing $2500 into a stock with a price of $100. You just bought 25 shares and at $50 a trade you need an 8% move up to break even when you get out! Don't make brokers rich with small purchases.

GR
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