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Technology Stocks : C-Cube
CUBE 37.08+0.4%3:59 PM EST

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To: Tim Michaels who wrote ()1/19/1997 9:40:00 PM
From: Ed's Head   of 50808
 
If you divide the analyst projections of $2.08 for 97, into the current price of about $38.00, that equals a PE ratio of 18 times earnings for Cube. Seems rather low to me for company growing like Cube, at about 30%. This is what I think is about to happen: The NYSE, and the NASDAQ big guns are about peaked out. Sooner or later money managers that run the funds will start looking for small, and mid cap
issues that that are under valued. The markets are at all time highs which creates the potential for a serious correction each day a new record is reached. These managers will look to safe havens which is already under way. House hold products, drugs, healthcare ect. they wll be looking for ways to reduce risk. Oh I almost forgot, they will certainly be drawn to companies like Cube it's just a matter of time.

good luck c-ya!
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