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Technology Stocks : C-Cube
CUBE 35.61+0.2%10:47 AM EST
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To: DiViT who wrote (16111)5/23/1997 12:40:00 AM
From: Gary A. Mullennix   of 50808
 
The number came from the broker who did not reveal his source. I've no idea if it is true or not. My mistake on the chip name. And, we spent the time on the phone in discussions about what AB had really said and what our "mistaken" interpretations had been. We did not get a volume of VCD chips. We did come away with the belief that Chip prices will drift below 14. To what, no one knows. The CFO said that they were comfortable on the April 10th conference call because the model showed a strong 2nd quarter based on early orders. Those than dried up within the next week. Sounds implausable but what can one say? But, you clearly have the right question. I'd love to know what the selling prices are, the volumes and what the returns might be in this 2nd quarter. I am assuming that the .20 cents is at the low end and can be improved. They certainly don't want another negative surprise.
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