C-Cube Message Board - Msg: 4122789

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube

CUBE 36.04

-0.8%

Dec 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: j g cordes who wrote (32390)	4/19/1998 9:57:00 PM
From: Brad Rogers	Read Replies (3) of 50808

Unterberg ups estimates; Investors Bus Daily now has "A" accum/distr. C.E. Unterberg not only increased rating to "Buy" but increased 1998 estimate to $l.l5 and $l.40 for 1999 (both still about the lowest on the street, but nice increases). Understand from source that $1.40 is believed by the analyst to be quite conservative, but the thought is it can always be increased. Interesting that BancA/RobSteph increased estimate for 1998 to $1.17 and reshuffled quarterly numbers for 1999 resulting in slight increase for 1999 to $1.42. I understand additional coverage/upgrades may be in the works. But the best news of all may be that the technicals are finally beginning to reflect the good fundamentals--for the first time in many months the accumulation/distribution rating in the Monday April 20 edition of Investors Business Daily is "A", the highest rating. This has historically been a highly reliable indicator confirming an upward trend. The latest example is Cymer (CYMI) which went to "A" within the last 4-5 weeks and has increased during that period some 50%. Also, those who are short or thinking of shorting don't with an "A" accumulation/distribution. ZRonz.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next