C-Cube Message Board - Msg: 10844607

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Technology Stocks : C-Cube

CUBE 36.91

+1.7%

Nov 25 3:59 PM EST

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To: Daniel Simon who wrote (43702)	8/5/1999 10:21:00 PM
From: Craig Gordon	Read Replies (1) of 50808

No, I don't base the statement on technical analysis. Over the past 4 years of having a huge (for me) position in CUBE I have learned more about it and the way it's share price moves versus what the company does and how the market in general is behaving. I have listened to almost every conference call and at times spent all my time studying Cube's every movement fundamentally and stock price points. The market today is different than it used to be years ago. Many if not most things make no sense. Take a stock like Yahoo going from a capitalization of 31 Billion to 14 Billion in a very short time. In a market like this it is only logical to expect a very badly beaten stock like CUBE, which is trying to cross the chasm, and return to greatness, to get beaten down once more. Again it has NOTHING TO DO WITH TECHNICALS. But I do consider technicals to forcast a support point of between 24 and 25 1/2. IMHO CUBE is still a $25 stock. Which by my personal definition will trade between 15 on the low end and 37 on the high end. If it can free itself from the stranglehold of 25, it will graduate to a $50 stock. Which by my personal definition has a low end of $40 and a high end of $65. Once CUBE has made it solidly into the $50 stock range it will have two things going for it and the pendulum will be swinging in its direction. First it will have momentum. Second it will have eliminated almost all of the overhead supply working against the stock. I expect Cube to have a great struggle working through the 40s. Its struggle later through the the 70's and on its way to be a $100 stock will be easier. To qualify the time frame I am anticipating around 2002 - 2003, possibly sooner (25%chance sooner).

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