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

To: j g cordes who wrote (31903)	4/6/1998 8:19:00 PM
From: Jon Dough	Respond to of 50808

CUBE can announce whatever it wants but it doesn't matter in the short term. With the markets near record highs, CUBE hasn't gone along for the ride because it is a "show me" stock. It won't move until we get a quarterly earnings report with an upside surprise. There's huge potential here for CUBE but Wall Street won't buy into it because they've already gotten burned on this stock before by expecting too much. Until the good quarter becomes a reality, the stock will just be stuck in a trading range. I've lowered my average cost by writing some out of the money covered calls. I certainly haven't felt like my shares have been in danger of being called away from me any time soon. :) I don't think the first quarter results are going to be the ones that get this stock on the move. I'm hoping that CUBE's strong position will be recognized in the 2nd half.