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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (42036)6/11/1999 10:24:00 PM
From: Daniel Simon  Respond to of 50808
 
Wow a 3+ point move to the upside...gotta like that. It has been what 20ish months since we last saw such a large move?
Peter V is right the volume is impressive. I think Cube will be up monday as well. I sold the last of my trading shares today about 5% below the close. If CUBE acts like it normally does it still has about 10% to run. I do not expect news from cube before Tuesday. In the past CUBE runs up for 2-3 days on high volume before good news becomes public.
Good luck and better profits,
Daniel



To: Peter V who wrote (42036)6/11/1999 10:31:00 PM
From: Don Dorsey  Read Replies (2) | Respond to of 50808
 
I know CUBE is becoming less dependent on China each day, but it's not entirely a coincidence that the Greater china Fund, a closed end fund of Chinese companies which I follow, hit a 52 week high today.

Semiconductor stocks are rallying, DVD/set top companies are gaining notice, China is rallying, smallcaps are starting to outperform, and the July through November period has historically been the strongest for CUBE stock, partly due to coincidence and partly due to seasonal business factors. The point is that a lot of independent factors are all turning positive at the same time. If it lasts, it will be a fun ride.