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


To: stockbug who wrote (43214)7/19/1999 7:54:00 PM
From: Michael Olds  Read Replies (4) | Respond to of 50808
 
It would be well if a certain person who frequently posts on this thread were to examine his posts from over the past few months. Clearly his investment in this stock is way over the “comfort level.” Every slight move produces an exaggerated response; fury when the stock goes down and hyper elation when it goes up. His ego is far to closely tied to his investment; when the stock goes down, anyone associated with what might otherwise be considered reasonable speculation as to the reasons for the decline is demonized; when it is going up, it appears that it is only because of his opinion that it is doing so. In every case anyone differing in opinion from him is subjected to bitter scorn and harsh characterization.

Some person invested too deeply, subject to the same irrational emotional swings might be no problem to others because he does not choose to vent his emotions in a forum designed to allow public expression. This person, for his own sake and that of others should examine his position and “lighten up” in every sense of the word; he should reduce his financial stake in this stock to a level where he can observe it's market fluctuations with a less emotional eye.

There will be those who say that his rantings are entertaining and should be let be. To them I respond that this posting is being carefully constructed so as not to mention names. I do not tell other people what to do. Something is wrong here, this fellow is hurting and needs to be told something is wrong. For my part, if told that I should be minding my own business (a sentiment with which I usually agree), I claim in this case the same privileges as the person of whom I speak: this is a public forum, the gentleman has, by his postings subjected himself to my opinions, I have as much right as he does to post mine.

Finally, let me express my opinion as to the nature of the so called “problem” with this stock. It had its day as a crazy play. This market is evolving at warp speed. The irrational valuations given to certain stocks are given to those whose fundamentals are not well understood. This dictates that that group of stocks is continuously changing. Those stocks, such as CUBE that once enjoyed the crazy stage and survived, will suffer two consequences: they will endure a long period of disenchantment (which, I believe is over for CUBE), and they will, thereafter, be valued conservatively and trade as all stocks do, with ups and downs. To expect the stock to repeat its past irrational moves straight up is to be living in a fantasy world subject to bitter disappointments.

May we all prosper holding the C-CUBE.