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Technology Stocks : C-Cube
CUBE 36.280.0%12:17 PM EST

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To: Stoctrash who wrote (43988)8/18/1999 3:31:00 PM
From: DiViT  Read Replies (1) of 50808
 
GO WEST, YOUNG FRENCHMAN (int'l edition)

businessweek.com

From Paris to Aix-en-Provence, the secret is out: Silicon Valley holds all the promise that the French economy lacks. And what began as a trickle of entrepreneurs and high-tech talent is turning into a torrent. For the new expatriates, the trip westward brings not only well-paid jobs but the chance to ride a high-tech revolution into the next century. For France, however, the trend is ominous. ''The whole environment in France is tragic,'' says Alex Balkanski, a French transplant whose C-Cube Microsystems Inc., founded in Silicon Valley a decade ago, is now a $340 million company with 800 employees. The technological gap between the U.S. and France, he says, ''is not closing, it's getting wider.''
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