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


To: Stoctrash who wrote (42691)7/8/1999 10:18:00 PM
From: coopie  Read Replies (1) | Respond to of 50808
 
An interesting read from a year ago -- still looking to break through that $35 level...

To: FredE (34188 )
From: Rarebird Thursday, Jul 9 1998 10:26AM ET
Reply # of 42692

" What changed your tune? "

Technically: A Double Bottom was formed in June.
Fundamentally: Cube is positioned for dynamic growth.
Price Action: Very favorable Seasonable time period.
When do I sell? Sometime in the middle of August.
Catalyst for a rise in the share price: A simple meeting of consensus earnings expectations next week and a temporary easing of investor anxieties over the impact of the Asian Economic Crisis.
Market Outlook: We are in a short term blow off period where the Dow trades above 10,000 and the Nasdaq trades above 2000. As the Market gets real irrationally exuberant, small caps, like Cube, will participate.
Key: It's almost two and a half years and Cube is still immersed in a vicious Bear Market. To break this long term Bear Trend ( and the trend is your friend, especially when you invest in Cube ), Cube needs to break $35 decisively or it will hit lower lows later in the year.
Intangible Factors: Cube is in my blood. It's very positive the way she is behaving here. Cube must continue to heal a little while longer before she gets energized to the upside.