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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 9:30 AM EST

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To: Maya who wrote (48664)2/19/2000 2:31:00 PM
From: John Rieman   of 50808
 
Short term it means that C-Cube Semi raised some cash and has some design-in work with Thomson. The 400+k is an out right purchase of C-Cube Semiconductor shares. The warrents are contingent on design wins. Thomson will have a little less than a 3% stake in the new C-Cube Semi company. Thomson has always used C-Cube encoders, but never decoders for settops or DVD players. Thomson wants something from C-Cube. I think it's the codec. SGS Thomson doesn't have a chip that can match it. Thomson is a big OEM.
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