To: BillyG who wrote (33303 ) 5/19/1998 11:34:00 PM From: Don Dorsey Respond to of 50808
Tomorrow is the one year anniversary of Black Tuesday, the day CUBE gave an earnings warning. Just to put some perspective on the events, you could have bought the morning of the warning for $20 and sold 4 months later for $35. I've listed some of the highlights form the posts made that day, to demonstrate that things are not always as bad as they seem at the time. << Well, now we know why there are so many shorts. "Expected" shortfall my ass, these #$@!!**%%%&$ liars. CUBE's credibility is shot. Can you say "class action?" ALEX IS LYING AGAIN! I CAN'T BELIEVE THIS GUY. LAWSUITS! Management is slow and uncaring of the shareholders and not deserving of loyalty from their shareholders... This dog is going to low teens... the shorts have not even begun to cover nor will they until sub 14's... I do expect to see some lawsuits filed against CUBE. I warned you about CUBE ,but you wouldnt listen. Stick your money in INNOVACOM(MPEG) it at 3 per share,ready for NAZ listing. Much more upside and less competition than what CUBE will face down the road from other companies. Hope they dont get sued. :-) PS. expecting CUBE to go to 12 before JULY I think he'll be even more discreditied when ESS comes out with their VCD numbers. I have been a long time C-Cube holder having first bought in in December of 1994. This latest bit of news id the FINAL straw for me. I sold my entire Cube position at 20 even. This company is on the skids. Look for low teens as suggested earlier. There is no dead cat bounce coming. Me too, I'm out of cube. Money on esst. the grim reaper is knocking on cube's door.. Anybody with a brain knew VideoCD was a loser, but we hoped it would hold up longer. With a five point downward gap on the chart & little support below CUBE could be headed for 10'ville. SMART MONEY (June 97 issue) has C-Cube as one of the value hi-tech buy. Why is ESST in the teens? Because of CUBE's lies. With significant insider selling, and the fact that CUBE never truly lived upto its expectation to be a DVD player, I would say that things could certainly get worse. Hey you guys! I just got a call from an"ambulance- chaser" wanting to know if I wanted to participate in a class action suit against Cube! >>