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


To: Rarebird who wrote (27249)12/30/1997 12:12:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 50808
 
Too much gloom and doom your Rareness.
Your chant confirms this.



To: Rarebird who wrote (27249)12/30/1997 12:32:00 PM
From: Ian deSouza  Read Replies (2) | Respond to of 50808
 
I just doubled my position with CUBE at 16 3/16. The reality
Rarebird is that an ice cube floats. Anyone with any sense knows
that. Asian markets are up, the January effect is around the corner,
and tax selling is about up. I don't know about your chicken bone
patterns, but I think that this company with a PE under 12 and the
market leader in an industry that is bound to become standard fare
in the consumer electronics industry is a good buy. Despite the
downside risk of the Asian crisis, this is a great investment.



To: Rarebird who wrote (27249)12/30/1997 12:58:00 PM
From: michael zhang  Read Replies (1) | Respond to of 50808
 
I thing a rebound is likely after tomorrow. The selling yesterday was fueled by the speculation on CNBC about possible bank crisis in China. The stock did rise to 17 7/8 before the talk on CNBC and then went down after. I think a bank crisis in China is unlikely because over 80% foreign investment in China is direct investments and not like the foreign investments in those countries including South Korea and Thailand. Tax related selling is also contributing to the sliding and should subside after tomorrow.