C-Cube Message Board - Msg: 11731893

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Technology Stocks : C-Cube

CUBE 38.45

-0.5%

2:03 PM EST

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To: Maya who wrote (46872)	10/28/1999 10:04:00 AM
From: mmeggs	Read Replies (1) of 50808

I've read every post you guys have put up over the last three days. This is a pretty complicated deal realtive to the typical "X agrees to buy Y for Z dollars." type of deal on the Street. If you don't see this, it is because you know the company so well already. I think that it the terms are being misperceived/misunderstood. The deal, even at $1.7 billion is immediately accretive to HLIT. No one can genuinely argue they overpaid. Given the hit HLIT is taking, the options on CUBE are really, really cheap. (But not HLIT's -- whoa!) Everybody calm down and give the market more than half an hour to get things straight. (Anybody see the market reaction to WCOM buying FON? Took it to $66. Now at 79 3/4 rtq.) mmeggs

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