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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 9:30 AM EST

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To: DiViT who wrote (47870)12/10/1999 1:44:00 PM
From: Stoctrash  Read Replies (1) of 50808
 
"DiviCom , a pre-IPO digital video networking company, offered Suever the two things he wanted most -- about 20,000 stock options and a career in marketing. He had barely been there six months when the company was acquired by C-Cube Microsystems, which proceeded to pull a reverse stock split in which seven DiviCom options equaled one C-Cube option. "

Wow...talk about being milked..man that guy got dogged! No BMW lease either...

Too much internal spending on R&D and nill VC spending killed the cat...or was it a dog?
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