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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: Rarebird who wrote (34852)8/3/1998 12:27:00 AM
From: Les Paul  Read Replies (2) of 50808
 
I hate to say it, but I somewhat agree with RAREBIRD. I don't like his tone most of the time, but he has some good points. I have read posts on this thread for quite some time now. I would like to thank all of you for the technological insights that you have given me. There does come a time, though, when the price of this stock must be discussed. We all know that the technology is there. Recent posts have provided me with some confidence that this stock will rise, but here is my question. Why was CUBE down over 1 on Friday on volume of only 300K shares? We all know that there is not a single LONG with profits at this level, and if SHORTS were covering for profits, the stock would have gone the other way. I feel that we must have had significantly more short interest on Friday. This frightens me, for if people are willing to short a stock that is floating around its 52 week low and that just produced good earnings, something is seriously wrong. All TECHNOLOGY aside... What in the hell is going on?
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