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

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To: John Rieman who wrote (27609)1/6/1998 8:07:00 PM
From: Stoctrash  Read Replies (2) of 50808
 
ATML bites the bullet:
biz.yahoo.com

The company attributed the fourth quarter revenue outlook to the ''inability of certain Asian customers to open letters of credit for orders previously scheduled for shipment in December.'' In attributing the charges, the company said it felt it ''prudent'' to take a charge against its receivables and write down its inventory to reflect lower market prices.
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