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Technology Stocks : C-CUBE - For Technical and Option Investors
CUBE 36.90-0.9%10:26 AM EST

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To: Daniel Simon who wrote (17)8/23/1997 12:26:00 PM
From: Little Abner   of 128
 
Any news on how many shorts covered in the past week?? Some of that big move up may have been due to the analyst's upgrade. I believe they leak info. about the upgrade to clients or others who jump in ahead of the news. It is also possible the analyst upgraded to make himself look good too. Doesn't really matter though. The important thing is remaining short interest, and what happens to small caps next week. There is a lot of cash on the sidelines, and small and mid caps are the only value plays left. What was short interest a month ago?? I will try to find most recent numbers this weekend and post them.

I was impressed how CUBE recovered Friday afternoon, especially with tech sector weakness. Shows that a higher move is likely next week if small caps and market rebound. A move to $30 is quite possible by Wednesday.

Regards,

Al
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