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Technology Stocks : C-Cube
CUBE 38.50+0.9%Feb 10 3:59 PM EST
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To: DiViT who wrote (46752)10/27/1999 9:10:00 PM
From: DiViT  Read Replies (1) of 50808
 
"HLIT is buying half the company for 80% of it's valuation?"

Correction: HLIT is buying 45% of the company for 80% of it's valuation?

C-Cube, based in Milpitas, California, had sales of $351.8 million last year. Without the semiconductor business, sales in the first nine months of 1999 were $133.8 million, or 45 percent of revenue.

cnetinvestor.com

If valuations stay exactly as they are, then we need the Semi business to IPO at $7.50 to break even.

Think they can do it?
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