Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-CUBE - For Technical and Option Investors -- Ignore unavailable to you. Want to Upgrade?

To: Pete who wrote (83)	1/5/1998 10:33:00 PM
From: HOSEMAN	Respond to of 128

Pete Unless the earnings and the follow-up story is excellant, I don't see that range in the immediate cards. There has been too much activity in the 21 - 22 1/2 range. This should prove to be serious resistence and overhead supply. From 17 to 22 1/2 is a 30%+ move and a very good trading point. I'd be willing to sell 22 1/2 calls against owned positions. Frankly, breakdowns below 20 may cause the 20 level to be serious resistence. Time will tell. Positive action in the short term appears to be in the cards, however. HOSEMAN

To: Pete who wrote (83)	1/6/1998 7:51:00 AM
From: Terry Whitman	Respond to of 128

Pete, I see no reason that CUBE cannot return quickly to 25. This doesn't mean it's certain- it does have to push through the 21 resistance area first. We'll probably know for sure by the end of next week. TIP-I know we technicians don't trade on fundamentals- but you all just have to check out HURC. They're trading at under 4X earnings. I'm pegging this one as my fundamental pick of the year. This one could gain 100% and still be trading at 1/3 of the average PE of the S&P. Sooner or later someone with a big wallet is going to figure this out. TW