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Technology Stocks : C-Cube

CUBE 36.29

+1.9%

Nov 21 9:30 AM EST

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To: JEFF K who wrote (39511)	3/26/1999 9:24:00 PM
From: Ian@SI	Read Replies (1) of 50808

One market research firm predicts that sales of non-PC Internet devices will surpass PCs within five years. Sounds like even the author believes the rumoured death of the PC might have been a little premature. One might also remember that IBM took a $1B bath in its PC business during the past year. Perhaps this has coloured Lou's view of that sector. And finally, what is "the Net" if not a humongous and growing bunch of wires and pieces of glass fiber with a lot of PCs and servers hung off their ends? On WSW tonight Laslo Birinyi quipped that the death of the PC industry has been announced 23 times in the last decade. This happens every 6 months presenting a nice buying opportunity. Moneyline guest made similar comments tonight as well. If history serves as a guide, the PC industry will be reborn within a month just in time to have one more death probably near the end of summer. :-) Ian.

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