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Technology Stocks : C-Cube
CUBE 36.63-2.4%3:59 PM EST

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To: Tech Investor who wrote (27370)12/31/1997 7:20:00 PM
From: DiViT  Read Replies (1) of 50808
 
"what made the stock price drop from 30s to 16 today?"
I don't know.

One could make guesses.
Tax loss sell off, coupled with the tech sector sell off, coupled with China fears and the fact that 40% of last Q's revenue came from China, coupled with VCD price reductions, coupled with...
I don't think it was any one thing.

I do think the baby was thown out with the bath water.

Toshiba makes their own DVD chipset, yet uses Cube for thier laptop DVD's.

Creative's DVD kit has Cube inside.

"Any hints/ideas on who are the new CUBE customers?"
Look at the OEM's that use SoftDVD or MPact, Cube will give them cheap alternatives.

Technically its a disaster.
Psychologically it's destroyed.
Fundamentally this baby is OK.
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