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Technology Stocks : C-Cube
CUBE 37.68+1.7%3:59 PM EST

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To: stockbug who wrote (14336)4/22/1997 11:56:00 AM
From: William T. Katz   of 50808
 
I'm now out of CUBE. Reasons:
1) Could use the cash to expand ESST position which is dirt cheap
2) Sony single-chip MPEG-2 encoder proceeded faster than I expected. Was prepared for InnovaCom, CUBE, or NEC, not Sony delivering chips before year end.
3) Pressure from other companies re: MPEG-2/AC3 decoders. For example, SGS-Thompson's new offering and also larger PC board market under attack by offerings based on Chromatics, etc.
4) Uncertain VCD situation. ESST + CUBE statements dont agree.

No reason to stay in stock when your assumptions when you bought it no longer hold. Good luck to CUBE longs.

-Bill
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