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


To: C. Niebucc who wrote (32320)4/17/1998 1:21:00 AM
From: Jon Dough  Read Replies (4) | Respond to of 50808
 
I predict down 1 to 19 1/2 tomorrow.

Yes, they beat the estimate by a penny, but there was probably a higher whisper number. Beware, the after hours action doesn't always carry through to the next morning. With the Asian markets down 2% to 3%, it will likely be a down day. Also, since tomorrow is an options expiration, I think the writers of April 20 calls will try to keep this stock down tomorrow. (I don't know exactly how they do it, I've just seen this happen on CUBE before.) Just my 2 cents. We'll see soon enough.

By the way, I am long CUBE. I guess I've been conditioned not to expect any quick upside moves on this stock any more. Now if this were YHOO, I'd expect it to go up at least 20 points :)



To: C. Niebucc who wrote (32320)4/17/1998 10:15:00 AM
From: BillyG  Read Replies (1) | Respond to of 50808
 
ICE CUBE BREAKS FREE!!!!!

Giant Ice Cube Breaks Free in Antarctica

By PETER JAMES SPIELMANN
.c The Associated Press

SYDNEY, Australia (April 17) - A 75-square-mile chunk of ice shelf on the Antarctic Peninsula snapped off sometime earlier this year, scientists said today. They blamed global warming.

Satellite images of the Larsen B ice shelf, which reaches toward South America, show the section broke away between Feb. 26 and March 23 as the Antarctic summer turned to winter, according to the U.S. National Snow and Ice Data Center in Boulder, Colo.

In January 1995, the Larsen A ice shelf to the north broke away in a 48 mile-by-23 mile mass, 600 feet thick.

The British Antarctic Survey has predicted the entire Larsen Ice Shelf, which covers more than 4,000 square miles, is nearing its limit of stability.

The ice shelf collapse is consistent with ''what we see from the effects of increased greenhouse gases, which cause warming,'' said Bill Budd, a meteorology professor at Australia's Antarctic Cooperative Research Center.

''And it's the warming in the ocean that is most important for the reduction in the ice shelves,'' he said. ''It is the melting from underneath that can be much more effective than warming of the air.''

Over the past 50 years, the Antarctic Peninsula has experienced a sustained atmospheric warming of 4.5 degrees.

Research by Budd and his colleagues indicates global warming will melt most of the ice shelves, which border about 44 percent of Antarctica and cover 580,000 square miles.

Budd's computer climate models predict significant degradation of the ice shelves beginning in the 21st century and their near-total loss within 500 years.