C-Cube Message Board - Msg: 1129291

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Technology Stocks : C-Cube

CUBE 36.03

+1.3%

Dec 10 3:59 PM EST

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To: DiViT who wrote (12683)	4/4/1997 9:28:00 PM
From: Timoteo	of 50808

David- CUBE's performance today was no dead-cat bounce. It was up 2 in the first hour of trading. The OLDE rumor combined with breaking resistance was probably the reason for the fall. Since both really are meaningless, we're back to fundamentals. CUBE's fundamentals are solid. That's why Briefing.com is looking at 50 in the next 12 to 18 monthes.Today's market signals to me a return to the techs that have overcorrected. For example the network stocks are up, even on bad news (FORE buyout rumor untrue, still up big) and MSFT is flat. Fund Managers are already smelling an end to the correction and are looking for bargains. Possibly, some are realizing the potential for CUBE's technology (even though most still don't understand it). I've taken this ride before with LSI. Patience pays off. And thanks for your informative posts. Timoteo

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