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Technology Stocks : C-Cube
CUBE 35.93-0.8%3:59 PM EST

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To: DiViT who wrote (7903)12/5/1996 5:33:00 PM
From: John Rieman   of 50808
 
CUBE for Xmas. I have been thinking about giving my Dad CUBE for Xmas. He is a dairy farmer who will retire in the next year or two. Didn't plan a new purchase though, just have some of my shares transfered to his name. Schwab will do it for $15.

I heard that the Codec would be out by March because of some show that OEM's want to display their wares at in April. Is that when NAB is? This is second hand information that was attributed to Jim Burke.

You know, if you start putting the numbers together, CUBE should do in excess of $110M in revenues this Q. At 18% margins and 39.5M share outstanding, that's $.50 per share.

For the last 8 days, CUBE has not traded below it's 50 day moving average. For the last 3 days, it's traded above it's 200 day moving average. These lines are about to cross(within days). You can go back to the Feb. highs, and the July lows and draw a triangle that intersecs at this point. The triangle is symetrical, which means a breakout could go either way, 50-50 chance. If the market doesn't panic, I think this breakout will be up.

Anyway, how can I trust a C++ programmer with a neatly trimed mustash, dark hair, and a blonde for a daughter?
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