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Technology Stocks : C-Cube
CUBE 37.36+1.2%3:59 PM EST
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To: BillyG who wrote (35165)8/12/1998 9:22:00 PM
From: John Rieman  Read Replies (1) of 50808
 
Lehman's Gumport today...........................

exchange2000.com

Elsewhere, C-Cube Microsystems 8/10 confirmed it had won the DIRECTV
Los Angeles Broadcast Center (LABC) compression business. The potential of
that win was a key reason for our recent upgrade of CUBE. We are still sizing
the importance of LABC, but our first impression is that the DIRECTV
relationship alone could boost CUBE's total sales by 10-15% over the next 2
years. read $60 to $90M in the next year

... CUBE is a slightly lower margin story with
difficult issues in China which will keep 3Q EPS flat/down, but the DIRECTV
order highlights its opportunity as the key play in digital video.
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