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Technology Stocks : C-Cube
CUBE 35.93-0.8%3:59 PM EST
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To: John Rieman who wrote (23966)10/15/1997 2:23:00 PM
From: let   of 50808
 
Intresting how Microsoft is positioning itself in the Cable industry
How does this affect CUBE ??

** MICROSOFT CORP. (MSFT: 135-1/8, - 1-9/16) is in talks to
possibly invest between $600 million and $1 billion in
cable-television operator TCI (TCOMA: 23-7/16, + 7/16), the Wall
Street Journal said. An investment by Microsoft would provide the
financing TCI needs to pay for a huge order of the next generation
of digital cable boxes that would provide high-speed Internet
access, plus access to hundreds of digital cable channels, the
paper said. (Reuters)
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