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

To: DiViT who wrote (38512)1/22/1999 5:00:00 PM
From: Don Dorsey  Read Replies (1) | Respond to of 50808
 
To me, today's reaction is more of a market phenomenon than anything specific to CUBE. Lucent, a much larger company of course, has sold off 13% since its above expectations earnings announcement yesterday. I bet a significant number of us would have bought both CUBE and LU ahead of yesterday's announcements if we had known the details ahead of time. This is what makes trading on news so difficult.



To: DiViT who wrote (38512)1/22/1999 6:17:00 PM
From: JEFF K  Read Replies (1) | Respond to of 50808
 
<Listen to conference call>

Thanx, I took your advice and listened. Now I'm really confused ( it sounded positive to me ) about what took place with the stock price today. Do the analysts have a separate conference with management where different info is dispersed? If not I would imagine we should see reiterated buy recommendations come in (unless this was all a reaction to a possible meltdown in China ).


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