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


To: JEFF K who wrote (43391)7/28/1999 2:52:00 PM
From: DiViT  Respond to of 50808
 
The spike in volume & price started just before 1pm, then it started retreating from there.

My guess:
Either Alex started putting his foot in his mouth at 1pm,
or a bunch of sell orders went off at $35.



To: JEFF K who wrote (43391)7/28/1999 2:52:00 PM
From: Black-Scholes  Read Replies (1) | Respond to of 50808
 
No, it was a collective sigh of relief from the market that Mr. Greenspan didn't say anything negative in his testimony to the Senate.

CUBE is in a solid uptrend anyway one looks at it. And it should be in an uptrend because CUBE is growing.



To: JEFF K who wrote (43391)7/28/1999 2:57:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Only thing I've found so far from the BB-RS Conference...

Micron sees memory price increase
Micron Technology Inc. (NYSE:MU), the biggest U.S. maker of computer memory chips, expects memory chip prices to rise slightly starting next month due to an acceleration of demand and lower inventory levels, a Micron executive said Wednesday. Micron's vice president of corporate affairs, Kipp Bedard, told a BancBoston Robertson Stephens semiconductor conference that memory chip prices climbed during July and have been gradually moving up from a price range of $4.50 to $4.75 for a 64-megabit chip. He said he expected prices to rise to about $5.00 to $5.25 starting around Aug. 1. Story to follow. --Reuters

zdnet.com