C-Cube Message Board - Msg: 2821276

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Technology Stocks : C-Cube

CUBE 37.23

-0.3%

Nov 28 9:30 AM EST

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To: VINTHO who wrote (25711)	11/26/1997 9:04:00 AM
From: Rarebird	Read Replies (2) of 50808

Vintho, S@P's earnings guide tracks 28 analysts estimates for 1998. The range is 94 cents to $1.40. The average estimate is $1.23. I expect Cubes PE to come down to about 10 in 1998, which comes out to about $10-$12 a share. After 3 years of phenomenal gains, I see the first half of 98 very bearishly. Presently, Cube is in a trading range between 20 and 25. It's still way over-valued and over-priced. The market is in the early stages of correcting this excess. The real damage will come in 98. The Ice Cubes slide should come as no surprise. Cube is a great short.

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