C-Cube Message Board - Msg: 10814600

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Technology Stocks : C-Cube

CUBE 35.64

-0.7%

3:59 PM EST

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To: Maya who wrote (43579)	8/4/1999 7:17:00 AM
From: stockbug	Read Replies (1) of 50808

NO Offense, But If That Had Been The Case: we would have had a major sell off on July 16th the day after the earnings were released and after hours once the conference call had completed. Instead we had analysts reiterating Buy recommendations and valuations moved up. The drop would have been swift if your logic had been correct. In fact we never would have touched 35 intra day last week if all this was true. In my opinion what we have here are several well placed negatively slanted questions causing small investors to panic causing drops. Remember we have seen CUBE drop 2 points, more than once, in minutes on what is a total volume of 1200 shares traded. When this happens limit orders kick in and the volume builds. In addition I think Cube also dropped because 1)the current market fears have had an effect and 2)Sun Micro Systems made their announcement about their new theoretical chip. When people go back and look at the news and analyst remarks since earnings they will see that Cube's fundamentals have not changed and the sell off has been unwarranted. In my opinion I think things have improved.

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