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Technology Stocks : C-Cube
CUBE 36.39-0.2%11:13 AM EST

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To: Rarebird who wrote (34108)6/30/1998 7:00:00 PM
From: Grantcw  Read Replies (1) of 50808
 
Hello Rarebird and all,

I've been a holder of Sigma Designs for a while and realize the potential of DVD-Rom sales and their affect on CUBE. Although I think SIGM is much more undervalued than CUBE, I see some value in CUBE also. I just wonder why they don't buy SIGM and get the competition out of their way.

Anyways, I don't understand why you would buy in the 18s Rarebird. The last two days show a lot of supply with prices edging upwards, but being sold down by the end of the day. You also got that long black bar down day a few weeks ago showing resistance at 20. Seems like this one will go down in the short-term rather than up.

Money is flowing back into the market though and CUBE is a large enough company to get some attention (unlike SIGM). I think I've got to roll the dice on this one, but I'm hoping we revisit at least 16 before I roll.

See ya all,

Grant
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