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


To: Stoctrash who wrote (120)4/6/1998 3:16:00 PM
From: Pete  Respond to of 128
 
CUBE has released a lot of exciting news today. I am surprised that the price doesn't go up. On the other hand, the DVD market has lots of players now, e.g. Cirrus Logic, Sonic, etc. I don't know in what way it will affect CUBE.



To: Stoctrash who wrote (120)4/20/1998 8:59:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 128
 
OBV finally confirmed a RISING trend on 4/17. I can now get off the fence, and become officially bullish on CUBE.

Still concerned about the total market though. The contrarian in me says too much bullishness out there. NASDAQ composite again nearing 200 day MA +15%. Mergers and splits coming down like rain. Expanding new highs and new lows. Valuations are at all time highs. Unless we really have a new paradigm, these are signs of a market top.

I am estimating a peak of 1960 for the Nasdaq, then 9600 for the DJIA.
Unless we see a slow down in the market run-up, it's going to be difficult for CUBE to rise more than $3-4 before the bull market peters out.

Trying to sell high,
TW