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


To: Stoctrash who wrote (29204)2/8/1998 9:39:00 AM
From: Ed's Head  Respond to of 50808
 
FredE: Trends, yep it seems the trend is changing.

Some opinions from a technical viewpoint.

Cube should be bought here with a target price
of 25 in the relatively near term. Any positive market
activity or news release suddenly could catapult the
share price to this area. If news turns positive, and a
breakout occurs; that is resistance at 25 is denied, the
next area of resistance would be around the 35 area
over the course of time, yet depending on market
activity, product acceptance, competition, ect. So then
I see 25 as a key price area to focus in on.

Keep in mind that I offer only my opinion and do not
suggest risking money based on my thoughts, for
there is no sure thing in the stock market. The key then is
to predict future events, and to do it accurately.

The charts are reflective of the past, yet can suggest areas
of support and resistance. Speaking of 35 dollars a share,
It's my opinion that some time in 98 we test that share price
area. This opinion is based on the fundamental positive
developments taking place within this industry, and the fact
that money seems to be rotating to this industry group.

It's my thoughts that computers will tell the tale. Hype in
that industry brings support for the semi's.

Good luck c-ya!