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Technology Stocks : C-Cube
CUBE 36.42+1.1%Dec 11 3:59 PM EST

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To: Ed's Head who wrote (18134)7/10/1997 1:07:00 PM
From: Ed's Head   of 50808
 
Some personal thoughts.

I think that the bellwethers, the blue chippers, the index components
are reaching full valuation for this leg of a hardy bull market.
Many of these bellwethers, are now trading at lofty PE's. At some
point I see rotation out of these stocks, and the money seeking value
in the small and midcaps.

I think that the DVD market shall be robust this Christmas season,
and expect much hype, and high expectations thus creating the potential for good price appreciation for companies dedicated to this market.

The summer months are typically lackluster months for the tech
sector. Currently Cube seems to be trying to build a solid base in
the high teens. If this can continue and barring no unexpected
shortfalls, I see this as a very positive development, and a good
launching point as we move closer to the Christmas season. I see
Disney as a key for Cube and truly believe they will come around
soon. Wouldn't that be a nice package under the tree? I see
higher prices for Cube in the months ahead, and lackluster trading
for the near term. Perhaps an upbeat conference call can get the stimulus back into Cube's shares.

good luck c-ya!
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