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Technology Stocks : C-Cube
CUBE 37.54+1.5%Nov 7 9:30 AM EST

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To: Stoctrash who wrote (50507)12/20/2000 11:41:49 AM
From: Maya  Read Replies (1) of 50808
 
Let us assume that consumer confidence is low and you are one of them. Let's further assume that you have lost a lot on the market and your savings are dwindling. Let us also assume that the economy is sputtering. What would you do?
1. Take a flight to that dream vacation in Disney Land with kids. No way, Jose. You'll burn a minimum of 5K you will not undertake it at this moment.
2. Drive down to that resort center which is about 400 miles away. Oh my. Gas is expensive and you can not afford those hotel/restaurant expenditures for a whole week.
3. Take the kids to the movies. Yeah, maybe. You'll burn about $100 for the tickets, popcorn, soda etc. Wait. There is a better option. How about buying a DVD player which is about $100 (give it as a gift as well) and renting a few movies and enjoying quality time with the kids?
Moral: if the economy turns down, very high chance that DVD sales will pick up. Ha. Umesh has done this analysis. That's why he is able to predict a pick-up in DVD sales in Q2, Q3 etc.
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