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


To: Steve Fancy who wrote (47529)11/11/1999 11:02:00 PM
From: Craig Gordon  Read Replies (1) | Respond to of 50808
 
Remember what happened to the price of CUBE after they did the DIVICOM deal? I have seen high tech stocks get slammed when they do mergers or acquisitions.

With the PE of HLIT so high and its chart so bad, CUBE's share price has great risk. It doesn't get any respect either. A couple of weeks ago someone on this thread said CUBE was the Rodney Dangerfield of stocks. I couldn't agree more.

The street is extra cautious with CUBE, not because they were lied to, but because CUBE just wouldn't tell us the truth. They hid behind the total numbers and wouldn't give any breakouts of what division was doing what. They made their one horse pony look like 2 or 3 horses. And when the 1 horse pony collapsed we all took a bath. And we wonder why Cube doesn't get any respect? They don't deserve any respect.

I've almost cleared out of my whole position and I have moved it into SUNW,CSCO,MSFT,UPS,XRX,RTNB,PFE,&CHTR. The past couple of weeks have been great. I am no longer frustrated everytime I look at my portfolio.

The only reason why I jumped onto the CUBE wagon so much was that I was convinced by their performance and what they were saying, including Jim Burke, who I met with personally, that they had sustainable and accellerating earnings. What a pile of crap they fed me.

It's been a hard 4 years and I am glad to have this one behind me. I know that it still has upside potential but there is so much better stuff to be had out there.