C-Cube Message Board - Msg: 104390

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Technology Stocks : C-Cube

CUBE 38.49

+2.0%

1:57 PM EST

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To: Andy Riedel who wrote (537)	5/28/1996 11:19:00 PM
From: Jim Roof	of 50808

I think 29 is reasonable. At what point in CUBE's decline will you decide to sell? The issue isn't earnings as much as it is the fear of losing good gains as CUBE's price continues to fall. CUBE's high in the 70's was completely unsustainable and I think it is the straw that broke the investors' psyche. Don't get me wrong, CUBE is a great outfit - the problem is that you have people who have made serious money in a relatively short period of time and the only way they are ever going to have that money in their pocket is to sell. And sell they will. Consider the late April/March plummet from the low 70's to the low 40's with the last 11 points being lost in just a few hours. Investors don't forget things like that. The earnings at C-Cube go into the pockets of those who work there. You and I have to buy low and sell high. Jim Roof

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