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Technology Stocks : C-Cube
CUBE 35.89+0.1%Dec 26 3:59 PM EST

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To: Bob Strickland who wrote (38473)1/22/1999 1:26:00 PM
From: DiViT  Read Replies (1) of 50808
 
Message 7426181
Sounds just like your question.

This undoubtly is just adding to our woes...

quote.com

Market Update: Fri., Jan. 22

The market has paired its losses after dropping sharply at the opening bell. IBM led the decline after releasing disappointing revenue growth numbers last night. The sell-off comes amid mounting concern that the recent problems in Brazil will effect the economic recovery around the world. The real question however, is not how far will the market drop but will traders step in to buy the dip as they have done in the past. According to analysts, with the steep losses recently in the Internet sector, which had been driving the market's gains, traders may decide that it is time to cut their losses and move to the sidelines to wait out the dip. In addition, traders may decide to take some money off the table ahead of the weekend in order to protect against further bad news further exacerbating selling pressure.
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