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Technology Stocks : C-Cube
CUBE 36.64-0.5%3:59 PM EST

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To: John Rieman who wrote (12130)3/28/1997 7:50:00 PM
From: Craig Gordon   of 50808
 
It concerns me that Kubota has liquidated the majority of their position and that management and closely held owners only control 22% of the stock versus 47% prior to Kubota selling out. This is per the recent Proxy Statement.

Kubota 2,939,002 8.1%
Entities affiliated with American Century Companies 2,750,000 7.6%
Don Valentine 1,085,008 3.0%
Alex Balkanski 590,203 1.6%
Assorted others 1.5%

Total of insiders and closely held as of 12/31/96 21.8%

It is very concerning the way this stock is being price manipulated and managements lack of ability to do anything about it.
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