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Technology Stocks : C-Cube
CUBE 35.94-1.7%2:40 PM EST
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To: robt justine who wrote (15025)5/4/1997 12:08:00 AM
From: Humblefrank   of 50808
 
This is a person who does good general market forcasts. She posts on
the MF Intel board often.

>>>Subj: Re: BULL MARKET NOW
Date: 03 May 1997 21:17:00 EDT
From: NanDrake
Message-ID: <19970504011700.VAA23322@ladder01.news.aol.com>

Up to this week I had turned very bearish.......which is unfortunate
as I missed a few opportunities.I probably am nowtoo bullish.........
..again.But the Budget proposal,this weeks economic reports,HEAVY
inflows into mutual funds which will be reported next week,rally in
Russell 2000,bond rally,a large short interest increase in INTC last
month and past bearish market sentiment.......along with investors
reluctance to sell stock on the eve of
capitol gains tax revisions..and upcoming split.......all make me
feel the momentum in techs is just starting and we have a long way to
go before we reach a level of irrational exhuberance!The techs are
way off their highs and offer the investor the best opportunities.>>>>

By the way Ed's Head isn't the only one who bought options. Some of us
bought them over a week ago and we're still holding and expect to keep
holding until we change our mind. We just don't like option recommendations
on the Cube board given the high short interest and strange going ons.
The end of the day price thing keeps getting stranger. It was 27 at 4:30
and then it went down to 26 3/8 later on Fri. Strange, strange strange.
If you want to learn a lot about options check out the MF Intel board and
particularily someone named catsklpubs who also posts under the name
TalonTrade. He's an expert at setting up option trades that are hedged
and almost always profitable in Intel even when the stock goes the wrong
way. Cube isn't really a good stock to trade options in unless you're one
of the people who is strange enough to understand this stock.
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