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Technology Stocks : C-Cube
CUBE 35.88-1.1%10:23 AM EST

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To: Daniel Simon who wrote (39117)3/3/1999 9:32:00 PM
From: stockbug  Read Replies (1) of 50808
 
It traded with the market. Most chips were down overall. If there was a true earnings shortfall worry the volume would have been greater.

After 1997 they have incorporated short falls into their business model. The stock is being manipulated by the shorts and market makers. In fact today as the market rebounded it rebounded.

Based on other posts here and on Yahoo it is trading in its normal trading pattern. Up to mid 20's down to the 17's or 19's depending on the market on low volume.

In the last 3 weeks we have had several major stocks getting clobbered Intel, Dell, Compaq, and 3Comm yesterday and today. Cube dropped from 22 just like others dropped on the Nasdaq due to theses heavy weights pulling down the market. Goes back to the old addage the market needs to stop trading as a stock market and trade as a market of stocks.

So let's not bring the Old Earnings Rumor out when the market is getting hurt by other factors because all it does is add to the problems unnecessarily.
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