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


To: Stoctrash who wrote (25660)11/24/1997 10:25:00 PM
From: Patrice Gigahurtz  Read Replies (2) | Respond to of 50808
 
If 'she' hit upper teens again I would assume that another well heeled company could be interested in acquiring a nice MPEG company. Recall what happened a few weeks ago when that Texas Instrument rumor hit the street ? CUBE popped over $3 in a day. Anyway, I would buy mooooo CUBE if she tanks. Even if put in Feb35 I still would have a $19.6 average and so upper teens would be nice in that I could average down the effect of that naked Feb35 CUBE put.



To: Stoctrash who wrote (25660)11/24/1997 10:37:00 PM
From: BillyG  Read Replies (1) | Respond to of 50808
 
If you receive revenues in Asia, you had better hope it's in China. How many "chip companies" receive significant revenues from sales in China, as does CUBE? Of course, sales in U.S. dollars are the best bet right now.



To: Stoctrash who wrote (25660)11/24/1997 11:02:00 PM
From: peter shi  Read Replies (1) | Respond to of 50808
 
FredE: You got me wrong. I never shorted cube. I got in cube for the first time at 24 last July and sold it at 45. Since then I have seen it down all the way to 17 this year. I then got in at 26, riding to 34 and sold it. Since then, I have been in and out of cube many times, making a point or two each time.

It is very possible cube will retest its low. For long term investors this may not matter. I am a short term trader in nature, and cannot see any of my holding go down before it goes up.

I strongly feel the market will retest its October low soon. Cube will follow that end.