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

To: Jan Crawley who wrote (32322)4/17/1998 2:44:00 AM
From: John Graybill  Respond to of 50808
 
A very interesting episode of stop-running late in the day. Check out the 1-min graph on quote.com; you will see a dip so sharp and so brief that it almost looks like a data error. Nope! It was either a real fast run down to 20 that gave anybody who's written April 20 calls the opportunity to buy them back, or a stop-run to catch somebody who had placed an order with his broker to "sell if it drops to 20". In the latter case, the market makers wouldn't run it down to let some guy get out before a big dump.

If we see 20 tomorrow, we don't see it until late in the day -- but I have to change my earlier post and say that we probably won't see it at all.



To: Jan Crawley who wrote (32322)4/17/1998 3:52:00 AM
From: H James Morris  Respond to of 50808
 
The next few weeks should be interesting! Wall Sreet continues to throw money at most stocks but these earnings declines, can't go on for ever (intc,cpq,mot etc, etc). In the greedy days, Cube would be a no brainer, up 4 to 7 points, but there is a new ws jury out, so we will just have to see.
Go Cube.


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