C-Cube Message Board - Msg: 1450237

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Technology Stocks : C-Cube

CUBE 36.64

-0.5%

Dec 5 3:59 PM EST

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To: PrettyBoy who wrote (15917)	5/21/1997 8:20:00 PM
From: matthew david	of 50808

Pretty boy, I wont be well received for this , but my hats off to you. You were right on w/cubes channel-stuffing to a major distributor to make earnings. I wish I had short after I had sold my "long" position. The companies in big trouble. The shorts have not covered to a large degree and the institutions got out from 17-20 yesterday. MM's took in about 200,000 shares at 17 1/2. Now, I took a huge loss. The company is admitting the failure to correctly calculate seasonal factors (after all its difficult to calculate seasonal changes-right?) and have now come to the conclusion that 75 million is the best case scenario. They are taking measures to correct the problem w/ the newer chip (due to electric resistance differences-ask Mr Nadalin for a more detailed explanation) by identifying the problem for oems, and the company has even gone so far as sending 200,000 crystals (?) to a oem to help solve the problem. They have not lost any mftrs (nor confidence) BUT THEY WILL LOSE A COUPLE OF WEEKS OF SHIPMENTS COUPLED WITH THE DISTRIBUTORS INVENTORY( prettyboy could this be channelstuffing) SO THAT THE VOLUME WONT BE MADE UP!!!! NO MORE HIRINGS (cutbacks are in order) and Zoran is rumored to get Toshiba. OY VAY!!!! Im out. I will follow the company, but I have been mislead by not following up on "way out rumors". PB- stop pestering these poor people, but thanks for the advice. I'll miss Mr Chen, Nadalin, Rieman, Palardy and the like(even Jerry Spring). I wish you the best-

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