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Technology Stocks : C-CUBE - For Technical and Option Investors
CUBE 36.93-0.8%3:59 PM EST

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To: HOSEMAN who wrote (6)8/10/1997 2:41:00 AM
From: Rarebird   of 128
 
Listen, I couldn't agree any more with your technical analysis of Cube. I've been saying the same thing on the other thread for weeks. Actually, I was telling everyone there that the stock would rally if they just met the lowest end of earnings expectations. When a stock technically breaks out like Cube did, it almost always ( barring unforseen circumstances) resumes the uptrend within 5 weeks. In Cubes case, however, there is resistance all over the place from many different vehicles. This is why it will take Cube longer to hit 30-32. Nontheless, I see it happenning within the next 3 weeks. We are just going to have to be patient and tortued. Call options are a good way to profit on Cube, as soon as it breaks above 26 convincingly.
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