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Technology Stocks : C-Cube
CUBE 35.58-2.0%Dec 9 3:59 PM EST

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To: Peter V who wrote (25175)11/12/1997 4:32:00 PM
From: Greg Cervelli  Read Replies (1) of 50808
 
I'm more than a bit worried.
Gateway, Micron, and Compaq are using the Mpact! chip from Chromatics for DVD decoding, Lucent just released a chip for digital receiving, and Toshiba's single chip encoder. There is a lot competition out there for little cube. I don't think they can handle it. I may be out of this stock soon. Bought at 36.5 and will probably sell at 20. I love those 43.8% losses. I'm a shmuck for ever having believed in this company.
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