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Technology Stocks : C-Cube
CUBE 36.280.0%Nov 24 3:59 PM EST

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To: John Rieman who wrote (15929)5/21/1997 5:48:00 PM
From: Andre Lukas   of 50808
 
Cube stubed it's toe yesterday. It hurts, but it won't die from just this.

It won't die, but it costs shareholders a big chunk of their wallets.

Is there any reason why AB opened his big mouth regarding not meeting analysts estimates while the next reporting requirement is about 2 months away? Who knows for the remainding weeks of the current Q sales would significantly improved. There is no need for him to make that statement.

Now that the damage is done, more analysts will lower their ratings on CUBE, just like bandwagon effect.

Whatever good news coming out now will not make the stock back to mid 20's. OTOH mid to low teens are likely. See the actions today? Weak weak and weak.

wishful thinking by holding the stock. The best way is cut your losses, there are other stocks better than CUBE. If the CEO is like AB who likes to shoots his own toes, He is not my kind to lead the company. CUBE has good products, just lousy management.

Good Luck to you who are still long. Just for the record, I am not shorting CUBE nor do I own ESST.
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