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Technology Stocks : C-Cube
CUBE 36.64-0.5%3:59 PM EST

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To: DiViT who wrote (14367)4/22/1997 4:48:00 PM
From: Stoctrash   of 50808
 
Anyone thinking about a share buy back at this point to rattle the shorts?
Crazy or what? Can't say its common place for a tech of this size but who knows...at this point anything can happen.

Here are the facts:
1.5M @ 23 -25 shares would cost them $36-38M....they have ~108M of usable cash/short term investments.

Leaving them with ~$70M in cash, ....no fabs to build, most designs are already R&D'd...?

I guess that would be putting your money where your mouth is Alex...?
One "Better" idea...Buy Innovacon then we could be like ESS?

Crazy Fred
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