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


To: Philip W. Dunton, Jr who wrote (40079)4/23/1999 8:54:00 AM
From: Black-Scholes  Read Replies (1) | Respond to of 50808
 
Until the significant majority of stockholders is no longer day traders who demand - indeed only look - for no more than a 5% to 7% move before they sell, CUBE is going to behave as it did yesterday. There does seem to be an increasing number large block trades since Q1 earnings were reported which obviously would suggest more institutional interest.

I hope SELIGMAN has been increasing their already sizeable position (8% of shares outstanding at last reporting). SELIGMAN will not tolerate stock action like yesterday's in the face of all the undisputably good news announced recently. AB will be forced to take their call. He might even have to pick them up at the airport. SELIGMAN can force a spinoff of DIVICOM.