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

To: VINTHO who wrote (25711)	11/26/1997 2:51:00 AM
From: SC	Respond to of 50808

"Look who's laughing now?" China exposure. MSNBC report: ================ÿ VANCOUVER, British Columbia -ÿFor Chinese President Jiang Zemin, it must be a great temptation to gloat. At the region's biggest trade meetings this year, he is one of the few Asian leaders whose economy is not crashing down around his head. Indeed, his "socialist market economy" - whatever that means - has been all but untouched by the crisis. Complete story:http://www.msnbc.com/news/126108.asp

To: VINTHO who wrote (25711)	11/26/1997 9:04:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 50808

Vintho, S@P's earnings guide tracks 28 analysts estimates for 1998. The range is 94 cents to $1.40. The average estimate is $1.23. I expect Cubes PE to come down to about 10 in 1998, which comes out to about $10-$12 a share. After 3 years of phenomenal gains, I see the first half of 98 very bearishly. Presently, Cube is in a trading range between 20 and 25. It's still way over-valued and over-priced. The market is in the early stages of correcting this excess. The real damage will come in 98. The Ice Cubes slide should come as no surprise. Cube is a great short.