C-Cube Message Board - Msg: 4547254

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Technology Stocks : C-Cube

CUBE 36.64

-0.5%

Dec 5 9:30 AM EST

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To: DiViT who wrote (33342)	5/21/1998 2:44:00 PM
From: Don Dorsey	Read Replies (1) of 50808

Excerpts from the Nimbus earnings report: <<Mr. Lyndon J. Faulkner, Chairman and Chief Executive Officer, commented, "We are pleased with the 44.4% growth in earnings in the fourth quarter. DVD unit sales have continued to increase in each consecutive quarter since we initiated commercial production in March 1997. Nimbus sold 1 million DVD discs in the fourth fiscal quarter of 1998, bringing the total units sold for the first full year of DVD production to 2.2 million discs >> <<Mr. Faulkner continued, "It is anticipated that 1,000 DVD titles will be available by June 1998.>> << In the first year alone, the Company anticipates that its Divx production volumes could be as large as for open DVD.>>

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