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


To: Jacques Chitte who wrote (34936)8/4/1998 7:31:00 PM
From: John Rieman  Respond to of 50808
 
The Dow is at it's 200 day moving average. If it closes lower, that's bad. If it closes higher, that will be good for a couple day rally, but I think it will fail. C-Cube made a new low for the last 2 and 1/2 years today. That's not a healthy looking chart. If the Dow moves up for a few days, CUBE will make some fractions. When the selling comes back, CUBE will have a good chance of making new lows. We probably see even lower lows in the first hour tomorrow, than it's anybody's guess.

On the other hand, any price of $22 or less and C-Cube is under valued. Any price above $33 is over valued. Just my opinion.