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Technology Stocks : C-Cube

CUBE 35.87

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3:59 PM EST

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To: Taro who wrote (38892)	2/12/1999 6:00:00 PM
From: BillyG	Read Replies (2) of 50808

Taro, you said: <<Siemens and DVD product: IMHO just another of the Siemens HL gimmicks for the purpose of adding sugar to their imminent spin-off and subsequent IPO. The real question being: Will we see silicon in this millenium?>> You're on top of things! semibiznews.com A service of Semiconductor Business News, CMP Media Inc. Story posted 9 a.m. EST/6 a.m., PST, 2/12/99 Siemens plans to announce new name of chip spinoff By Richard Richtmyer Electronic Buyers' News NEW YORK --During its shareholder's meeting in Munich next week Siemens AG is expected to announce the name of the new semiconductor company, which will be created out of the company's semiconductor group. After investing heavily in its DRAM fabs and then losing more than $700 million in the chip business in its last fiscal year, ended Sept. 30, the German electronics giant decided in 1998 to spin off its semiconductor unit, as well as its other electronic-component segments.

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