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

To: Rarebird who wrote (43758)	8/7/1999 2:43:00 PM
From: BillyG	Read Replies (1) \| Respond to of 50808

Hi Rare, welcome back. I'm glad to hear that you have CUBE listed as an outperform.

To: Rarebird who wrote (43758)	8/28/1999 3:58:00 PM
From: Rarebird	Respond to of 50808

Ice Cube Market Forecast: During my last post here, I spoke of Cube bouncing back to the 31 level as the broad market rebounded in its bear market rally. To: Black-Scholes (43648 ) From: Rarebird Saturday, Aug 7 1999 12:13PM ET Reply # of 44235 Now listen, Black, no one is darker than I. Just talk to my sometimes Gloomer, sometimes Polyanna friend, Fred. I called this Bear 6 weeks in advance on the exact day it began. Fred will confirm it. David, is the Chairman of the Board around here, get it? <VBG> Believe it or not, I have the old Ice Cube as an outperform on my system these days. I wouldn't dare short it, although it will probably continue to go down in sympathy with the rest of the broad market. If the Bubble here could've been maintained, Cube would have easily rose to the low 40's. Bad break for the longs. Still, on any bear market rally, Cube could easily rise to the 31 level again. This is exactly what happened. For those of you who did no heed my advice if you were long and looking to cash out, just remember I am the Original Ice Cube Forecaster. No one on this thread can rival me and even the Chairman of The Board of this thread knows it. Here is my forecast for Cube: Short term it is extremely bearish. Long term it is very bullish. Unless we get an absolute breakdown in the stock market, which is a distinct possibility, I see no way that CUBE will come any where near its low of $13.25 of a year ago. I see Cube coming down to the $18.75- $20 range by the time the Bear is over here. Personally, I will start nibbling at the $20 level. Cube is now in a long term bullish uptrend. So, I wouldn't panic and sell my shares here if I was long, which I'm not. I'd hedge my long position and buy some puts or sell some calls. The fact that Cube broke the $28 level recently, tells us that we are heading to the $25 level fairly quickly, which is the next level of support. No one knows the Ice Cube like I do.