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Technology Stocks : C-Cube
CUBE 36.42+1.1%Dec 11 3:59 PM EST
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To: Winston Chang who wrote (17976)7/6/1997 7:49:00 PM
From: Patrice Gigahurtz   of 50808
 
Thanks Winston:

That 46million longs point does make sense to me. However, put yourself in a short's shoes for a moment; at what price would you cover if you say shorted at $25 ? Wouldn't you be concerned about design wins ? Wouldn't $17ish be the cover price considering that a lot a bad news has been disgested ? Or perhaps the shorts expect more bad news (earnings ?).

Regarding insider % If you add in the Sequolia holdings doesn't that raise the % ?
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