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Technology Stocks : C-Cube
CUBE 35.40-1.8%Jan 2 9:30 AM EST

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To: Andy Riedel who wrote (903)6/12/1996 5:39:00 PM
From: Andy Chen   of 50808
 
check out short interest on cube. that may say something.

shorts want to knock down long-term holders and demoralize our
support so that we will sell and abandon this stock completely. however,
i am not worried since my long-term holdings are covered wtih calls
and open short position. when it's time for the run-up, i will cover
with the trend. all these will just add momentum to the up-trend
i am anticipating. shorts has to cover, before real 'value' investors
step in and put a stop to the price drop.

at this current p/e, cube is a perfect target for any mutual fund or
portfolio investors who plan to hold on to their stocks over 2-3 years.
time to accumulate cube.

notice, presstek, zoltech, iomega and other cabot momentum picks
all went down hard over past week. this may have something to do
with government's crack down on short-squeeze operations. it may
also suggest that fund managers are looking for safe place to invest
their money (i.e. retail, utility, chrysler, etc.)

all these aggressive price drops may indicate an end in the Cabot
Investing Era. professional shorts are eager to take their revenge
on the fact that they got screwed by cabot's believers.

motley fool's "how did the fools beat the pro" examplifies this post
1987 momentum investing era.

i am advocating an end to this buy-now-and-sell-on-panic mentality.
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