C-Cube Message Board - Msg: 5894962

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Technology Stocks : C-Cube

CUBE 37.36

+1.2%

Nov 26 3:59 PM EST

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To: J Fieb who wrote (36421)	10/2/1998 9:57:00 AM
From: JEFF K	Read Replies (1) of 50808

<hedged bets> SFA Atlanta, Oct. 2 (Bloomberg)--Scientific-Atlanta Inc. expects lagging international sales in its satellite division to cut fiscal 1999 earnings by 10 to 15 cents a share, Chief Executive James McDonald said. (snip) (snip) (snip) The shortfall was primarilly in its division that builds networks for satellite video and data services. McDonald said shortfalls in that business are expected to cut expected fiscal 1999 revenue by about 60 to 80 million. (snip) " We previously announced we are going to cut back our satellite business. We will probably intensify that effort, " McDonald said on a conference call with investors and analysts. (End) I wonder how much of that 60 to 80 million Cube\Divi got and how much of the balance they will pick up? :-)

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