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Technology Stocks : C-Cube
CUBE 36.39-0.4%1:24 PM EST

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To: Andy Chen who wrote (20866)8/20/1997 12:30:00 PM
From: DiViT   of 50808
 
"suck in the suckers who buy just cuz the stock went up"

Yep, momentum players.

Looks like it's turned around (finally or should I say famous last words).
We've run up from $23 last week to over $28 so far today on increasing volume.
Looks like some of those 10mm shorts are leaving the stock.
So the momentum is in our favor. I think it will run past $30 by weeks end.
But, in my opinion, I don't think we're ready for this stock to settle any higher than $30 - $35. If it does, it will do so on the momentum that's occurring now and will correct itself at some point.

With the damage that has already been done I think around $30 is fair for this quarter (EPS a couple of cents over last Q) and $40 for next quarter. Hopefully we'll continuing the upwards trend going into next year.

But what the hell do I know?
I never thought it would see $17.
Never said it was a quick buck stock.

Long, very long, very very long.
D
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