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Technology Stocks : C-Cube
CUBE 36.31-0.9%Dec 8 3:59 PM EST
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To: DiViT who wrote (37546)12/1/1998 2:15:00 PM
From: Tyler Mayoras   of 50808
 
Great technicals. Im not a technician and I primarily rely on fundamentals, but Cube's 50 day moving average just crossed its 200 day moving average and that is a great technical stat. It is widely followed by growth/momentum investors. Not necessarily a group we want back in CUBE, but should bring a lot of attention to CUBE. CUBE has had this happen twice before in its trading history; the second time was a false indicator in late 1997 when the stock climbed from 17 to 34 but subsequently fell back with other chip stocks. Of course, the first time was in mid-95, when the stock subsequently climbed from 15 to 70. I was an investor for both, as well as some of the painful times in between. I hope this is another big one, we have been waiting a long time. Keep the faith.
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