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Technology Stocks : C-Cube
CUBE 35.97+0.2%Dec 29 3:59 PM EST

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To: Stefan Gruenwald who wrote (10032)2/20/1997 11:45:00 AM
From: Damon Pham   of 50808
 
More bull**** from Herb in today's Chronicle on his now familiar theme of crying wolf. Note the eager quote from his good old friends and partners in crime at Rocker:

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"C-Cube calamity, update: The stock of Milpitas-based C-Cube Microsystems, which traded as high as $70 last year, slumped even lower yesterday, losing $1.50 to close at $25.25. The latest decline occurred after longtime C-Cube bull Elias Moosa of Robertson Stephens, citing competition, chopped his 1997 earnings forecast by 23 percent to $1.53 per share. Last year the company earned $1.60 per share.

Quipped Marc Cohodes of Rocker Partners in Larkspur, a vocal C-Cube critic: "Only a month and a half into the new year and analysts are already predicting a down year."

C-Cube officials couldn't be reached."
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