SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : C-Cube
CUBE 37.40+1.1%Nov 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Rieman who wrote (39678)4/8/1999 9:37:00 AM
From: Brad Rogers  Read Replies (3) of 50808
 
MediaOne/Comcast combo looks good for Cube per Canal+ call. From Ronz.
The Canal+ conference call to assess the impact of the MediaOne/Comcast combo on the MediaOne/Cube/Canal+ settop box and other deals occurred earlier this week and sounds quite positive for Cube/Divicom going forward. Sources indicate there is a strong commitment (including from Comcast) to the open format and to Cube/Divicom whose products and performance are regarded as impressive. MediaOne's head will be Vice Chairman of combined companies and is expected to play a large role is this area. The result for Cube/Divicom looks like a significantly enhanced market with Comcast via the combo.
Technically, source indicates Cube chart is fine here given the decline on significantly lower than average volume. Move at any time to at least the bottom of the overhead gap created after the last earnings (about 26 given the gap down from about 30 to about 26) is expected.
Replay number for next week's April 15 conference call with analysts is 800/633-8284 Code 12080404.
For what it's worth, technicals on another stock being hit in software massacre look good according to technical source--Parametric Tech (PMTC).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext