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Technology Stocks : C-Cube
CUBE 37.14-1.6%2:16 PM EST

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To: John Rieman who wrote (38535)1/23/1999 9:20:00 AM
From: JOHN E CANTILLO  Read Replies (3) of 50808
 
Here is my opinion on Fridays action, CUBE has made a great move in the past 5 months from 13 - 30. Many new investors bought CUBE at the these low levels. Now with DVD/DIVX in the stores for the holidays and Divi-Com doing so well everything looked great, not to mention the 2 upgrades, and the first company to have a recordable DVD chip. everyone thought this was our quarter to surprise estimates, even a 2 day run up before earnings are released. The only surprise were the shareholders who were convinced that CUBE was ready to break out and show why it's the leader in its sector.
Then a management blunder was made when they announced the purchase of TV/COM on the day of flat earnings, they couldn't have picked a worse day for this deal. I feel that it is IMPERATIVE that CUBE to respond to this sell off by buying some of its stock at this level and to restore confidence to the financial community, and to PROTECT SHAREHOLDER EQUITY.

JOHN
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