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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: Rodger Wenzel who wrote (13418)4/11/1997 12:06:00 PM
From: Damon Pham   of 50808
 
Here's the downgrade from Needham. Just makes it all the easier for Cube to make them wrong again later.

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10:19 Needham Cuts C-Cube Microsystems To Hold From Buy >CUBE

NEW YORK (Dow Jones)--Needham & Co. downgraded C-Cube Microsystems Inc. (CUBE) to hold from buy, a source at the firm said.
Needham said it lowered its earnings estimates for C-Cube to $1.64 a share from $1.65 for 1997 and to $2.05 from $2.10 for 1998.
Late Thursday, C-Cube reported first-quarter earnings of 41 cents a share compared with 38 cents a year ago.
(END) DOW JONES NEWS 04-11-97
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