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Technology Stocks : C-Cube
CUBE 37.04+2.1%3:48 PM EST

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To: Craig Gordon who wrote (44175)8/27/1999 8:59:00 AM
From: stockbug  Read Replies (4) of 50808
 
What I Want Want To Know Is why Are We Down From 37 Since Early July. If anything things are better, the company had slightly better than expected earnings, one analyst was positive stating the company deserved a higher multiple for valuation, and everyone is talking about the improving DVD market.

So why Are We At 27 3/4. The only thing I have seen to cause it are the low price speculation comments made here and on other boards suggesting the stock price should be lower because the posters think it should be lower. Not one has given a fundamental reason for why it should have dropped. The company has made no negative comments that would have justified the drop.

And lets say Smith Barney is pumping Zoran, so what, Cube has more supply contracts in place as well as other lines of business to benefit from than Zoran.

So unless someone knows a reason for this cannibalization of stock price I suggest the low ball valuation comments need to stop so small investors will not be convinced into panic selling just so some short seller can make a buck at their expense.
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