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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: BillyG who wrote (42159)6/14/1999 8:14:00 PM
From: Peter V  Respond to of 50808
 
Positive mid-day news (before the decline):

news.com

U.S. Equity Movers: CMGI, Cable & Wireless, SmithKline Beecham

Bloomberg News
June 14, 1999, 11:29 a.m. PT

New York, June 14 (Bloomberg) -- The following is a list of
companies whose shares are moving in U.S. markets today. The
stock symbol is in parentheses after the company name.

C-Cube Microsystems Inc. (CUBE) rose for a second day, up
2 1/8, or 6.6 percent, to 34 1/16 on optimism that sales at the
No. 1 maker of digital video chips will top forecasts and the
company may be a takeover candidate. The company is expected to
earn 27 cents a share in the second quarter, according to the
average estimate of seven analysts surveyed by First Call.