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


To: DiViT who wrote (27319)12/31/1997 1:08:00 PM
From: Ian deSouza  Read Replies (1) | Respond to of 50808
 
Alright David!

Here's some actual real world news.

news.com

A couple paragraphs of note:

Investors in the PC sector cheered on a number of
computer makers. Dell (DELL) climbed steadily for
most of the year, rising from 25-5/8 in early January to
a high of 102-7/8 in October. The direct-sales
computer retailer stumbled slightly in the remaining
months to end at 85-1/16 today, a figure that
nevertheless was far above where the company
started out at the beginning of the year.

Dell's rise of more than 200 percent in share price
helped it outperform its competitors. By comparison,
Compaq (CPQ) stock rose 90 percent during the year,
and Gateway (GTW) climbed 36 percent.

This, along with Gate's prediction that DVD will be the big item in 98, makes me think this stock will hit 30 within a month and >>keep climbing<<.



To: DiViT who wrote (27319)12/31/1997 1:30:00 PM
From: Rutgers  Read Replies (2) | Respond to of 50808
 
Let's raise a glass to the end of the tax selling season.........

I'm happy to go next and I don't mind predicting price, although my record is poor. Now, with that disclaimer out of the way, I feel genuinely sorry for any small fools who even think about entering a SELL order over the next month or so. How anyone who is on the fence would not sell before Dec. 31st is beyond me. By the same token, any short sellers would have been wise to wait until at least Friday to cover - unless they were worried b/c CUBE's CFO is already on record for having said that they will make the # for this Q (of course, since short interest actually increased over the last month...). In short, I see a nice move up followed by some profit takers who got in under $17, some consolidation, then a further move North.

1/15/98 21.25
1/22/98 19.75
1/30/98 24.75



To: DiViT who wrote (27319)12/31/1997 1:41:00 PM
From: Don Dorsey  Read Replies (1) | Respond to of 50808
 
I have no idea what the price will be on 1/15 or 1/30, but I'll go way out on a limb and predict new highs in '98.

Now if everyone is through laughing, here is my rationalle:

The stock is forming what is known as a giant flag formation (a sharp run up (the flag pole) followed by a long consolidation (the flag)). This is a continuation patern, suggesting the next major move will be in the direction of the previous major move (upwards) with a price objective of surpassing the old highs. Also I am getting enormous bullish divergence on the weekly and monthly charts which indicates the market is running out of sellers.

Just my interpretation of the chart formation, no guarantees.

.



To: DiViT who wrote (27319)12/31/1997 3:25:00 PM
From: Rarebird  Read Replies (1) | Respond to of 50808
 
David, you won't believe it till it happens: Cube at $8-$10 a share in the first half of 98. Technical analysis cannot predict closing prices on specific dates during the year. Without getting into a dissertation here ( as we have tickets to the " King and I " tonight- Broadway baby! ) Technical analysis gives one price targets, on the upside and downside, based on previous price history and relative strength ( This is not complete- I'm in a rush ). I combine it at times in an unorthodox way ( Pure technicians don't like me either ) with global and fundamental analysis. My analysis at this point has no axe to grind. I've covered my short and have presently no financial stake in Cube. I myself mistakenly thought Cube would have a counter-trend rally a couple of points higher. The fact is the Selling is Real and cannot be explained by tax selling. I've given the thread the next level of support. I doubt $16 will hold or $15. Cube filled a gap to $16.75 yesterday. The old support is now resistance. Cube is in alot more trouble short term than even I thought. New lows are in the offering!



To: DiViT who wrote (27319)12/31/1997 3:43:00 PM
From: Ed's Head  Read Replies (1) | Respond to of 50808
 
David Nadalin: Each investor/trader has his or her own investment techniques.

The charts have been a useful tool for me over the years. One
of my favorite indicators is the Moving Average Line. A violation
of this line can suggest or trigger buy or sell signals with many
investors. The Charts can show where the money is going and
can suggest areas of support or resistance. For example on 10-24-97
Cube closed at 27.5. At that weekly closing price Cube violated the
ten week moving average line suggesting a time to sell if one is
thinking on a shorter term basis. The next question then became,
what area of support would be likely. The charts suggested the
16 or 17 area which had been established a few months before.
So then I bought Cube in the 17 area expecting resistance to further
declines based on previous resistance in that price area. The Charts
at least with me are a useful tool used in combination with fundamentals.

Yes it is possible for Cube to retest prior areas of resistance which took place long ago at the 8-10 dollar area. But it's also possible for Cube to retest it's old highs. I expect Cube to hold at these current levels and find support here and so I have slapped some money down on the table. However there are no guarantees ever in the stock market. It's Cube's fundamentals which has caused me to step up to the plate. This current price area is indeed important to hold from a technical viewpoint or lower prices could be possible. I'm not all that concerned about lower prices if Cube can't hold or build a base in this area. For what rule is there that says I can't buy more? I truly believe that at these current prices the reward potential far outweighs the risk potential. I agree with your thoughts that as we move into earnings season that Cube can rebound several points to
the upside.

Currently Cube's charts look dismal, however the MA line and price are
converging together which may indicate that soon we rally over the next few weeks. Here is some further analysis:

Mov Avg 1 line Indicator:
Conventional Interpretation: Price is below the moving average so the trend is down.

Bollinger Bands Indicator:
The Bollinger Bands are indicating an oversold
The market appears oversold, but may continue to become
more oversold before reversing. Look for some price strength before taking any bullish positions based on this indicator.

RSI Indicator:
Conventional Interpretation: RSI is in neutral territory. (RSI is at 31.99). This indicator issues buy signals when the RSI line dips below the bottom line into the

Volume Indicator:
The current new low is not accompanied by increasing volume, suggesting that the current move lacks broad participation.
Look for a rebound soon. Additional Analysis: The long term market trend, based on a 45 bar moving average, is DOWN. The short term market trend, based on a 5 bar moving average, is DOWN.The current new low is not accompanied by increasing volume, suggesting that the current move lacks broad participation.
Look for a rebound soon.

Stochastic - Fast Indicator:
Conventional Interpretation: The stochastic is in oversold territory (SlowK is at 1.32; this indicates a possible market rise is coming.

good luck c-ya!



To: DiViT who wrote (27319)1/16/1998 10:33:00 PM
From: Maya  Read Replies (2) | Respond to of 50808
 
Let's see what has happened at the end of the first leg of the predictions. Actual closing price on 1/15: $20.125.

Predictions that I am aware are:
exchange2000.com
exchange2000.com
exchange2000.com

If there were other predictions, somebody can update this. SI is fun and waste of time!