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Technology Stocks : C-Cube
CUBE 37.68+1.7%3:59 PM EST

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To: R Verchota who wrote (32156)4/15/1998 11:25:00 AM
From: John Graybill  Read Replies (2) of 50808
 
>>Anyone think we will break out above moving averages
today???

Not until after option expiration. My bet is that that
first big spike above 20 about two weeks ago was a chance
to sell a lot of expensive April 20 calls, which are
intended to expire worthless (this Friday).

Then look for a phony move down on Monday so the same
guys can write a bunch of phony 20 puts. THEN we see CUBE start to move up in a hurry. I'm gonna go on
record today as saying that the low on Monday will not be broken the rest of the year.
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