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Technology Stocks : Cube Bears & Negitive News
CUBE 36.32+1.0%Dec 30 3:59 PM EST

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To: Craig Gordon who wrote (19)12/14/1996 12:45:00 PM
From: donald sew   of 35
 
Craig,

I am mainly a chartist. The overall feeling I get from reading the Silicon Ivestor threads and other internet reseach is that CUBE is a good company.

As for your comment on year-end-tax selling - agree. Remember, Cube's highs for 1996 was in the 70's. The stocks which normally get hit hard with year end tax selling are those which had big drops during the year.

The next support lines are:
35.50-36.00 very strong
30 strong
27 weak
24.50-25.50 strongest

I feel that CUBE will test the 35.50-36.00 support line. Depending on the market, it has a slight chance of breaking thru and contining down. As for a rebound, it will do such nicely and quickly (January/eary February(latest)).

Seeya
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