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Technology Stocks : C-Cube

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To: stak who wrote (7955)12/8/1996 2:41:00 PM
From: John Rieman   of 50808
 
It's the new Egypt tourism commercial. Look's like the market will be unsteady, but up on Monday. Here's why. The bond cut its overseas losses significantly on Friday. The fact that the US market only closed down 1%, and others 3-4%, will cause a catch up move overnight. But because of Friday, some major brokerage is likely to decrease their recommend exposure to stocks. Plus, people unnerved by the action friday will sell at the open. I haven't seen it, but I bet Barrons was a big bear on the market this week. After the morning selling, I would expect the money to start buying again. Let's hope they are smart enough to buy second tier stocks. This Blue Chip thing is overdone.
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