Fred, Bill, John and contributors: I would like to think you for posting all these informations on DVD related news. What I am concerned is the actual action of the stock price regardless of its rosy picture for the future. I agree with all of you that cube has the potential to be a big winner in future based on the DVD prospect. However, CUBE has to prove itself before the mass believe it. Moreover, CUBE as an individual stock cannot fight the market trend.
It is clear now that we are in the begining of a bear market. Given the prolonged bull market in the past several years coupled with the Asian currency crisis, which will shadow the earning perspective of many technology based companies, the bear market will not end in a matter of weeks. I predict it will take a couple of quarters for various market leaders to justify their earnings in the changed enviroment before the market remains the bull trend, and this may well be after 6 to 9 months. I further predict that the market will be down another 10-15% before a consolidation period begins.
Despite CUBE's future promise, the stock will be subdued to the bearish market enviroment. Sure there will be rallies, but these rallies will fail before it reaches new highs, and each failed rally will bring the market to its new lows---and CUBE cannot escape the market impact.
My motivation here is to remind the people in thread that one can loose lots of money on CUBE if the current market condition is ignored. It is much better to enter a bad stock in the right time than to enter a good one at wrong time. |
