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

To: Rarebird who wrote (26580)	12/12/1997 11:51:00 AM
From: Helios	Read Replies (2) \| Respond to of 50808

Obviously Cube is falling because of concerns about Asia as you have stated in your posts. Some very good tech stocks are dropping like a rock. But you missing the point in that the Cube story is now Divicom and DVD in the domestic market that is shipping and selling now. Next earnings at the latest you will find yourself blind sided by a sustained rally. In this market a bear can be wrong about a company and still make money but it is risky. At this point you should log your profits, make like Tim Brown and go long!

To: Rarebird who wrote (26580)	12/12/1997 1:48:00 PM
From: Ed's Head	Read Replies (1) \| Respond to of 50808

Rarebird: Undoubtedly there comes the time when profits should be taken. At some point in time the position should be covered weather one is long or short. At some point in time the underlying security reaches a top, or a bottom. If history is a teacher then I would say that the top for cube is about $70 per share, likewise the bottom has been the $17 and a fraction area over the past 52 weeks. The fair value for cube was recently $43 a share. Personally I don't think this China syndrome is enough to pull Cube lower. I think the China syndrome is already built into Cube's current price. The China economy is expected to grow in 98 at a rate of 8%-12%. The question then becomes; what is all this hype about anyway? I think 98 will be the year of the small and mid-caps. Many of these companies are undervalued including Cube. 1997 has been a banner year for the big guns, the blue chipper's. I think they have found their value, and that the money will rotate, and hunt for value. I say Cube finds support here, and that we don't see a weekly close below $17.00 a share. I say the shorts are wrong not covering here! good luck c-ya!