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Technology Stocks : C-Cube
CUBE 36.58+0.2%11:04 AM EST

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To: robt justine who wrote (37044)11/2/1998 9:05:00 PM
From: DiViT   of 50808
 
FFBN Converts Wrap:Cvts Mkt Makes Mysterious Moves

11/02/98
Federal Filings Newswires
(Copyright (c) 1998, Dow Jones & Company, Inc.)

ISSUER: FEDERAL FILINGS BUSINESS NEWS
SYMBOL: X.FFI

WASHINGTON (FFBN) -- Monday's convertibles market was a mystery as companies moved higher on no news. However, one trader was quick to note that "more buyers are coming in . . . We're seeing more upside [movement] taking place in the converts market."

[snip]
Elsewhere in the converts market, C - Cube Microsystems's (CUBE) 5.875% bonds due 2005 rose 4.6%, or 4, to 90.50 - 91.50 bid/ask as the common stock moved up 2.5%, or 2 1/2 points, to 20 3/8. The converts are 24.63 points above parity.

[snip]
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