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


To: Helios who wrote (26585)12/12/1997 12:37:00 PM
From: Rarebird  Respond to of 50808
 
Interesting Post, Helios. I will respond to it later.



To: Helios who wrote (26585)12/12/1997 11:49:00 PM
From: Rarebird  Read Replies (1) | Respond to of 50808
 
Helios, I think you are missing the point here. We are in a BEAR MARKET NOW and BEAR MARKET PSYCHOLOGY is in order. Stocks rarely rally on good news in a bear market. They sell off. Cube is a prime example of that this week. Moreover, small caps like CUBE get decimated in BEAR MARKETS. Earnings Growth has hit a peak for this cycle too. You speak naively, in my view, like many others on this thread. Cube IS a part of this cycle too. Pricing pressures in China have already begun. It will only get worse. Wholesale prices are falling, Helios, along with profit margins. The market is not over-reacting. There is alot more selling left here. The biggest losses in a Bear Market happen at the end, not in the beginning. The Asian Tigers will seek to export their way out of their crisis. Further pricing pressures for CUBE too. More later.