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Technology Stocks : C-Cube
CUBE 35.40-1.8%Jan 2 9:30 AM EST

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To: Gene J. Abel who wrote (23395)10/3/1997 10:55:00 AM
From: coopie   of 50808
 
Hi Gene, "...stock action today indicates things may not be as rosey as people here might think." This could be, but the fact that the stock price is up approx. 100% in the last three months has been pretty positive for those long the stock. The price move from 17 to 34 with a pull back to 32 does not seem unrosey to me. I think CUBE is being pulled back due to ESST news. Funny, when ESST was doing great it was bad for CUBE; now that ESST is doing poorly, that is also bad for CUBE. Maybe OAKT went in this last Q. and ate ESST's lunch on the low end VideoCD market. Time will tell. Anyway, Good Luck.
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