I am glad you mentioned.
while, oak technology's revenue derive mostly from PC and CDrom related sales, cube's portfolio is well-diversified into MPEG-1 (vcd, and PC), Mpeg-2 (broadcast digital set-top, etc), and jpeg (digital camcorder, studio authoring).
however, high volume seems like something is wrong in the short-term.
that's why i said, i am recommending short-term sell for cube. (or even short) however, i am very bullish on cube's ability in the exploding digital video market (digital boardcast revolution and dvd/vcd popularization)
superman, like i said. i am a technical analysis specialist. i am aware of how the charts are and what the trailing momentum averages are projecting.
you are part of what i was tryin to address. "momentum player" my recommendation for you on cube is a sell/short. people who cannot learn the fundamentals and look into the business beyond numbers and stock curves should not buy cube in this environment.
it is essential to understand the nature of the business and the economy/competition environment in order to have a full understanding of fundamentals. any kid with a computer program can come up with moving average/trailing price*volume etc curves. however, it lies in the expertise to interprete this information as a market psychology, ownership profile, investor sentiment indicator to become a full technical analyst.
from your posts, i dont see any discussion of understanding fundamentals. only things like "the curve converge into the low 20's" or "this chart looks ugly"
just my one cent worth of advice. |