C-Cube Message Board - Msg: 1158080

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Technology Stocks : C-Cube

CUBE 37.09

-1.7%

12:11 PM EST

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To: JT who wrote (13096)	4/9/1997 5:09:00 PM
From: Ed's Head	of 50808

Doc Jt: Yes I do think that some of reason for the recent rally with Cube can be attributed to earnings surprise speculation, and that speculation is reflected in Cube's current price. Money managers love to play the earnings season, and many times buy stocks just prior to earnings release dates. They also love to buy stocks just before a company goes X-dividend. I think temporary money has moved into Cube solely for the momentum game, looking for juicy earnings numbers. I feel that recently some of heavy volume, and large blocks that went by on the tape has been part of the backbone of this recent move. Not in all cases, but certainlly many times a stock drops after earnings reports are released even when the report is juicy. This can be caused by temporary speculative short term money with the sole purpose of grabbing a couple points then running for the exit. good luck c-ya!

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