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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 9:30 AM EST

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To: Kevin who wrote (23041)9/26/1997 5:36:00 PM
From: DiViT   of 50808
 
Yes, it's what Coopie posted. Here it is...

C - Cube -2: Analysts Give No Details On Takeover Rumor>CUBE
ÿ
09/26/97
Dow Jones News Service
(Copyright (c) 1997, Dow Jones & Company, Inc.)
ÿ

NEW YORK (Dow Jones)--Shares of C - Cube Microsystems Inc. (CUBE) jumped 3 13/16, or 12.8%, to close at 33 9/16 in very heavy Nasdaq trading Friday.

Analysts attributed the jump to a takeover rumor but couldn't provide any details about a possible buyer or price. One said rumors about the Milpitas, Calif., maker of video compression chips and software are fairly common.

A C - Cube spokeswoman said the company could not provide any information about the stock activity.

Nearly 5.2 million C - Cube shares changed hands, compared with average daily volume of 1.2 million.

- Shawn Young

(END) DOW JONES NEWS 09-26-97

04:59 PM
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