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Technology Stocks : C-Cube
CUBE 36.03+1.3%Dec 10 3:59 PM EST

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To: david brower who wrote (12541)4/3/1997 6:02:00 PM
From: Carl T Hammerdorfer   of 50808
 
David:

I found my cajones up in the attic and dusted them off. Now all I have to do is scrape together some money. I agree with you on this being a nice short-term opportunity. There seems to be MM mischief afoot.

David N., should we care if the shorts take the opportunity to cover at this price. I know we'd like to see them burned by the stock rising thorugh the roof, but that does not appear to be in the near term cards. So aren't we better off with the b@#tards getting out and moving on to the next carcass?

(and, off the point, why do we mess up perfectly good profanity by inserting @ * and other symbols when everyone knows what we're talking about? )

My question about shorts covering in the 23 area is a serious one by someone not well versed market mechanisms. Seems to me that at least some of the shorts must be a little bit nervous about upcoming earnings and good company news and therefore looking for an exit point. At a 52 week low, I'd expect some serious covering and be pleased with the prospect.

carl
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