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Technology Stocks : C-Cube
CUBE 37.72+0.9%Nov 5 3:59 PM EST
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To: DiViT who wrote (50714)3/26/2001 11:38:31 AM
From: John Rieman  Read Replies (1) of 50808
 
CUBE now becomes 12% of LSI.(it's down 9.5% on the deal news) LSI has a number of Fabs, they should be able to make better gross margins on CUBE products.

At today's conference call, I expect C-Cube to pre-announce Q1, and guide lower for Q2. I don't know if LSI's positive spin will be enough to push the share price higher. C-Cube hasn't updated guidence since its January call. Other companies that guided lower in January have needed to guide even lower since. PMCS did it just this morning.
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