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


To: Daniel Simon who wrote (43818)8/11/1999 8:35:00 AM
From: tony schwarz  Respond to of 50808
 
I dunno, an early trade, for 2,900 shares dropped Cube
1/32...funny thing, the trade showed up (real-time service)
as a buy. Go figure...



To: Daniel Simon who wrote (43818)8/11/1999 11:39:00 AM
From: Mike Hermann  Read Replies (1) | Respond to of 50808
 
Just got this on cube:
Consensus Earnings
Estimate for this quarter changed by 3.23%. The Consensus
Earnings Estimate decreased from $0.31 to $0.30.

Possible reason for weakness lately?



To: Daniel Simon who wrote (43818)8/15/1999 6:55:00 PM
From: Craig Gordon  Respond to of 50808
 
IMHO this is just a technical rebound in a downtrend. Cube's price recovery has been on light volume. Compare the volume to drive the stock up before. When the selling wave comes it will be on much heavier volume. IMHO the sellers are just waiting for the price to get higher and it may be there now. If I were going to go short Monday at the open would be a perfect time, if I was looking for a trade that would take me from 30 to 25.

Once the sellers are out of the way Cube will be able to begin to move. I expect it to start its up move about September 15th. So IMHO it still has a month to thrash around and hit the 25 number.