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Technology Stocks : C-Cube
CUBE 37.68+1.7%Jan 9 9:30 AM EST
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To: Tom Cannon who wrote (9970)2/19/1997 8:44:00 PM
From: Angelo J Cici   of 50808
 
You have to agree that $12 to $18 per share is quite possible.

Look at Macromedia and how it went into the single digits from the
$60 range. Look at Avid Tech how it dropped from the 50's down to
the single digits. Look at OAK TECH and how they went from the
30's down to about 5. Look at ISSI and how they went from
the mid 70's down to the single digits. Look at Micron how they
went from the 90's to the teens. These are just a few examples.

In each case, the time period from high to low was in a range from
about 6 to 9 months. All of these companies still have great
fundamentals, at least that is what they say. There were always
people saying how "This can never happen!" on those threads
as the prices went lower and lower each and every day.

Sure, those people hold positions and want you all to buy in hopes
in may keep the prices up. But the truth is that the market
makers control the market what ever you do, buying or selling.

I hold an objective view because I hold no position here,
although last year I bought 5000 shares at $33 in Nov '95
and sold at $68 in early '96... I also lost some on OAKT
and can tell you from experience, "Stay away until the
attention and the price go down!" By trading so heavily today,
it will bring attention to many new short sellers and get
more people afraid, not to mention the many forced liquidations
along the way!
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