SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : C-Cube
CUBE 35.52+0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Angelo J Cici who wrote (9973)2/19/1997 9:10:00 PM
From: Stefan Gruenwald   of 50808
 
Dear Angelo:

The companies you are quoting had bad earnings and then they plummeted. CUBE cannot be compared to them. You might compare CUBE to ATML when it went down from $33 to $25 in a couple of days and people started posting rumors that they heard competition is really getting tough and the CEO or VIP said something like "we will not meet earnings next time" at the lunch table. Then people started to post notes saying "ATML could easily drop down to low teens as many semiconductor manufacturers under similar pressures have done before". I was scared myself but I managed to buy some more. What did ATML do? Look at the chart, it bottomed at $25 and went straight ahead to hit $45. Unfortunately, I was also scared to death and I sold at $28, happy I got out unharmed (pretty much at my average price that time). I lost all the upward move ATML made. Yes, you are right, CUBE might go to $12 but it might also just do the opposite which is in my oppinion more likely.

Stefan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext