C-Cube Message Board - Msg: 3236914

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Technology Stocks : C-Cube

CUBE 36.29

+1.9%

Nov 21 9:30 AM EST

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To: DiViT who wrote (28501)	1/22/1998 10:34:00 PM
From: John Rieman	Read Replies (3) of 50808

C-Cube's 50day moving average is just over $20. We hit it today. The 200 day moving average is just below $25. In a even market, cube should trade between those line for a while. Alex avoided predicting anything for next Q. I think that's prudent. Because most of the new markets are in the 2nd half of the year, not many analyst up-grades. The Bird sees 2 lines on the chart that stop going down at $22.5. Prices bounced straight off both times. Then a third break-down and lower. Just below $25 is the 200 day moving average. That's where Cube should stall, next week. That said, as in all chart watching, a break above $25 voids all previous considerations.

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