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Technology Stocks : C-Cube
CUBE 36.94-0.8%Dec 1 3:59 PM EST
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To: BillyG who wrote (27794)1/8/1998 4:40:00 PM
From: Ian deSouza  Read Replies (4) of 50808
 
Well CUBE held its ground (again) today despite Asian woes. There are signs that the turmoil may be lessening. The yen stayed stable last night (actually gained a bit)to 133/dollar - that should be good for CUBE and the rest of the country, holding off a recession that some economists see as looming if the yen valuation drops to the 150-180 range relative to the dollar. Also it would seem like consumer confidence is relatively high which should spur some buying, stabilizing things a bit.
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