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Technology Stocks : C-Cube
CUBE 36.02-1.6%3:59 PM EST

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To: Maya who wrote (41138)5/15/1999 10:38:00 AM
From: Peter V  Read Replies (1) of 50808
 
Wow! That guy really went out on a limb projecting a whole $6 price rise in 12 months (the stock was about $27 before yesterday's late advance). Maybe this is the reason for that mini-rally. I hope not, I've already picked the color for the new car . . . and it's going to take a buyout to get me there, not just a run over $30.

This would make sense for the May 30 options though, a quick pop over $30 would make those fellows at least double their money, if not triple it. That may be why there was not more action in the May 35s. And although the volume at the end of the day was impressive, it was not like the whole Street caught wind of a takeover rumor. Maybe this was it. Oh well, I guess I really didn't NEED a new car . . .

Overall, this article is good for the stock, so I can't complain.
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