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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 3:59 PM EST

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To: DiViT who wrote (24020)10/16/1997 4:13:00 PM
From: Maya   of 50808
 
This is probably the reason why the stock keeps going down.

Thursday October 16 3:03 PM EDT

U.S. stocks clipped by earnings, trade tensions

NEW YORK, Oct 16 (Reuters) - U.S. stocks slipped in afternoon trading, hit by jitters over trade tensions with Japan and a
batch of disappointing earnings news out of some blue chip stocks.

The Dow was off 100 points, or 1.2 percent, at 7959.

Traders cited news the U.S. Federal Maritime Commission voted to order Japanese ships be denied entry at U.S. ports
because shippers did not pay an estimated $4 million in fines.

They also cited disappoiting earnings news from Merck and Co Inc (MRK) AND Sears (S).

The Nasdaq composite dropped 23 points to 1700.
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