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

To: malito who wrote (25761)	11/26/1997 2:47:00 PM
From: John Rieman	Read Replies (2) \| Respond to of 50808

When I talk about shorts covering, I'm talking about how Cube's Hard core shorts cover. Cube went down about 33% while 3M shorts covered. They won't be scared into a short squeeze. This is the game they use: Find a weak point. A resistance point, an earnings down grade, Herb Greenberg screaming about competition, whatever. During that time, they sell a few shares, driving down the price, to shake out people who hold the stock long. Then, after a decline, they will buy at the offer price, but not chase. They can buy more shares after a decline because of willing sellers. That's all I mean. Shorts like Cube's cover on down days, not during a short squeeze.