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Technology Stocks : C-Cube

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To: Warren Gates who wrote (10535)2/25/1997 9:09:00 PM
From: John Xu   of 50808
 
>>
>> Technically, the stock retraced from the 20s to the 34 level ... so now, it
>> should proceed to where it is trending ... that is down ...
>> the new leg has just began and this time, it might even go below the lows set in
>> July if Nasdaq tanks ...
>>

Warren,

What's your definition of retracement? Is there any volume requirement? Except today's late afternoon selloff, CUBE appears
very healthy to me. I wonder why you decided to short it @33 in
the morning. Many thank.

John
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