Lots of folks have Cube as a very good tho' risky growth stock. It is my largest holding and I am still comfortable with it. Wall Mart, Amgen, Intel, MSFT all went way down in the early years. Those who held have become wealthy with their cost basis in the pennies per share. However, Dow Jones now reports the short interest at nearly 10,000,000 shares, an incredible number. And, oddly enough, the management team does not do a good job of keeping up a solid communication effort with the market place so any rumor gets big play. Begs the question that perhaps the information is true. And, much of the bad news on the thread has come true. ESST was a threat and caused Cube to reduce price and will hurt earnings on VCD. DVD is slow, especially for those of us who want it now, but momentum is building.
My last observation is that the estimates have been accurate as of late. I think Cube is talking to analysts and getting the number lower. I would be thrilled to hit $1.98 this year. But, it would seem to take a lot of right things happening. Not to blame Divicom, but things have been slow since the acquizition and perphaps that will begin finally to pay off. Long, poor answer to a short, good question. Sorry |
