C-Cube Message Board - Msg: 1674745

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Technology Stocks : C-Cube

CUBE 35.36

-1.0%

Dec 23 3:59 PM EST

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To: DiViT who wrote (17579)	6/28/1997 1:54:00 PM
From: matthew david	of 50808

Not that I am defending PB. But the fact is Cube did not make their estimates. They have the chips sitting w/ the Idall distributor. I took a bath in this company b/c they had sent out more chips then were in demand, not because of anticipated demand, but because of the potential slow down in sales of VCD. It seems VCD players were highly discounted during the ESST/Cube battle for domination in the chip industry. So, they had decent quarters b/c of greatly reduced prices. In the meantime, they lied about the competitions gaining momentum(esst), they drew up unrealistic projections for the shareholders to gobble up, the insiders sold and sold and sold ansd sold...... David, all along its been you who have been wrong about what the real numbers were. I dont know were you have got your information but it has yet to be honest or correct. Look what has happened over the past year or two and we find that we all got burned by Cubes manipulation of numbers. They stuffed the channels. Go to China and you will see what I am talking about. BTW-VCD's in Hong Kong are now non-existent as part of retail sales. DVD has picked up and it seems as if VCR's have yet to be a thing of the past. I guess I was wrong on my projection that DVD will replace VCR by Summer '98. Divicom has yet to produce b/c of snags in the industry. The competition anticipates they will catch up by 2002. The only strength in Cube remanis in Video editing machines.

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