C-Cube Message Board - Msg: 3106611

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Technology Stocks : C-Cube

CUBE 36.52

+0.3%

Dec 12 9:30 AM EST

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To: BillyG who wrote (27603)	1/6/1998 5:00:00 PM
From: DiViT	Read Replies (2) of 50808

Using $13 as a fixed number seems kind of silly to me. Example: Say you have a stock whose recent high is $20 and the plateau or shoulders are at $9. Should we subtract $11 from the $9 plateau to yield -$2? Seems more reasonable to use the percentage of the decline. A 35% decline from $35 gives you $22.75 A 35% decline from $22.75 gives you 14.7875

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