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Technology Stocks : C-Cube
CUBE 36.96-2.0%Nov 6 3:59 PM EST

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To: JEFF K who wrote (38506)1/22/1999 4:06:00 PM
From: Helen Oliver  Read Replies (1) of 50808
 
>> He " is at a loss about the stock's reaction..."

Let me fill him in...the stock had earnings-beating, estimate-raising expectations built in to the current stock price...

when that didn't happen, those expectations were removed, taking the share price down with it...yes, they met estimates for current quarter, but stocks trade on future prospects more so than previous quarter's earnings...it's that simple...

nonetheless, CUBE is starting to look very attractive again at $22 range...I am being greedy holding out for $20 but may not see it...

Helen
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