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

To: Rarebird who wrote (29770)	2/21/1998 9:43:00 PM
From: peter shi	Read Replies (2) \| Respond to of 50808

Rarebird, I agree with you that cube is still in a major downtrend on a two years scale. On a daily scale, it is still in the up trend. If it breaks down 20 in a good volume, I will sell. Let us see Monday's action. My prediction is that cube will go up from here.

To: Rarebird who wrote (29770)	2/22/1998 12:11:00 PM
From: J.S.	Respond to of 50808

Rarebird, You are partly right about the "Holy Chartists" who trade this stock, however the fact that longs have abandoned the stock in favor of calls has also been a contributing factor. As far as your long term chart analysis, a pullback to the 10 -12 range, as you have suggested, is ludicrous (short of a total market collapse). C-Cube was a company less than one tenth of its current size when it last traded in that range. No chartist no matter how holy would go that far. Cover your short on Monday (if you have it ) and join the side of light! joe