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

To: James who wrote (27431)	1/2/1998 4:11:00 PM
From: Tech Investor	Read Replies (3) \| Respond to of 50808

I dont think this is purely short covering related, though you might be right, there might be some kind of short covering occuring, but also, I think people + fund managers are starting to accumulate CUBE at this really attractive price, today's volume is a little low to confirm a strong reversal, but on a postive note, CUBE finished at the high of the day, and NASDAQ volume is half of what it should be, possibilely due to the new year vacations. I'm expecting CUBE to rise again in Monday, with new funds waiting to be spent, fund managers should be buying in. Regards

To: James who wrote (27431)	1/3/1998 3:11:00 AM
From: Rarebird	Read Replies (1) \| Respond to of 50808

James, I think your right: Today's rally was related to short profit covering! All the dogs have a few days to rally at the start of the New Year! All of this was expected. Hopefully, Cube can counter-trend rally up to the $22.5 strike. It will then become a great short entry point. These longs are so desperate they will latch onto or cling to anything. But guess who has made the big money on Cube over the last 23 months? The shorts! The shorts even know how to play a bear market rally, and recognize it as such! Buy and Hold is a losing strategy with Cube.