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Technology Stocks : C-Cube
CUBE 36.42+1.1%Dec 11 3:59 PM EST

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To: SuperMan who wrote (32669)4/23/1998 5:55:00 PM
From: John Rieman  Read Replies (3) of 50808
 
Q2 is a bad Q. C-Cube will be lucky to make as much in Q2 as Q1. The real action starts in Q3. If C-Cube should try to top $35, it won't make it until Q3. $35 is a wall, all other resistance is futile. That wall could crumb under the weight of settop/dvd/annual VCD ramp/Divicast, but not until Q3.

Do you know how bad the market could turn by then? It's way over valued. They will be selling everything on the way down, and that's got to happen by fall. Between now and then, a $25-$35 range.
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