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Technology Stocks : C-Cube
CUBE 38.72+0.1%9:52 AM EST

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To: BillyG who wrote (23128)9/28/1997 8:27:00 PM
From: Ron Kline   of 50808
 
I agree that Cube is going to have good earnings. Friday was very close to the end of the quarter and I've seen major funds buying in the last couple of weeks. I think they will come in with good earnings for the rest of the year almost matching last years, which would be great considering what they came out with at the beinning of the year. With the stock trading still relatively low from where it was last year I think it has a chance of moving to $40. If you look at the graph last time the stock moved up you see fast ups followed by consolidation moving down. Then back up straight up and so on. I'm seeing the same chart pattern today. I also was wondering if the chart is showing a double bottom. Can a double bottom form over a year or is it something that needs to be formed more recently? Maybe a TA person can explain.
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