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

To: Rarebird who wrote (34108)	6/30/1998 7:00:00 PM
From: Grantcw	Read Replies (1) \| Respond to of 50808

Hello Rarebird and all, I've been a holder of Sigma Designs for a while and realize the potential of DVD-Rom sales and their affect on CUBE. Although I think SIGM is much more undervalued than CUBE, I see some value in CUBE also. I just wonder why they don't buy SIGM and get the competition out of their way. Anyways, I don't understand why you would buy in the 18s Rarebird. The last two days show a lot of supply with prices edging upwards, but being sold down by the end of the day. You also got that long black bar down day a few weeks ago showing resistance at 20. Seems like this one will go down in the short-term rather than up. Money is flowing back into the market though and CUBE is a large enough company to get some attention (unlike SIGM). I think I've got to roll the dice on this one, but I'm hoping we revisit at least 16 before I roll. See ya all, Grant