C-Cube Message Board - Msg: 1121844

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Technology Stocks : C-Cube

CUBE 36.94

-0.8%

Dec 1 3:59 PM EST

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To: John Rieman who wrote (12545)	4/3/1997 9:45:00 PM
From: Humblefrank	of 50808

When I checked after 12 EST barely more than 100,000 shares traded. That's the lowest ammount that I have ever noticed at that time. I get to work at 9 on the west coast and then I check the price. Usually more than half the volume comes in the morning and it's at least a few hundred thousand shares. When I saw that I was surprised but low volume is generally followed by a move in this stock so I thought it would drop since the last couple times the moves were up. I was surprised by how far it dropped, but after checking the board I thought it was purely technical. It did that last summer too. I hope I'm right. With high put volume at 22.5 and also at 25 I don't think the MM are going to let it go down further. Hopefully we'll have a strong up move on high volume tomorrow. I think Cube may respond when the stock tests the bottom like this. An announcement often follows. This would be a good time to hear about some fancy new chip. I wonder if people somehow know when the releases are coming and they try to drive the stock down in advance? If there's no good news I think the stock will go back up a point or two and hold around 25 or 26. It could make another drop though. It would have been better if there was more time for the stock to recover. I think it would have if it had another fifteen minutes. Let's hope I'm right.

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