C-Cube Message Board - Msg: 425701

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Technology Stocks : C-Cube

CUBE 37.75

-0.4%

Jan 13 3:59 PM EST

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To: Rodger Wenzel who wrote (7418)	11/7/1996 1:10:00 PM
From: Jeff Hogan	of 50808

Rodger said: "How or why does the price which you paid, affect the potential price of this stock? It does not. Follow what I said in the previous post. Evaluate against alternatives." I respond: Because if CUBE slips to the low 20's I risk my margin debt. It already happened once. Initially I had 750 shares and had to sell almost half when CUBE corrected last time. I sold at 29 (it was that or produce another chunk of money which I didn't have). I like CUBE for the long term; but, I am taking a larger risk with the margin debt. That is the only reason my purchase price makes a difference. When I owe more on margin then CUBE is worth...my stockbroker gets antsy.

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