Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Grantcw who wrote (43159)	7/18/1999 12:57:00 PM
From: John Rieman	Respond to of 50808

Just a rehash of the numbers....................... dvdinsider.com C-Cube On Track For Q3 - 7/16/99 C-Cube Microsystems reported second quarter revenues of $94.1 million, compared with $82.5 million for the same period in 1998 and $96.5 million for the first quarter of 1999. Net income for the second quarter reached $11.7 million, or $0.28 diluted earnings per share. This compares with net income of $10.7 million, or $0.28 per share ($0.25 excluding extraordinary gain) a year ago; and $13.0 million, or $0.32 per share in the prior quarter. "We are very pleased with our second quarter performance, which set a revenue record for this historically low period," said Alexandre Balkanski, president and CEO of C-Cube. "We successfully offset normal seasonal downturns in our Asian-based VCD business with strong growth in the DVD marketplace -- particularly in Korea and Japan -- and continued growth at our DiviCom subsidiary." C-Cube's shipments of DVD chips in Q2 set an industry record -- exceeding one million units. The company leads in the delivery of MPEG silicon, according to industry analysts Dataquest and Cahners In-Stat. CONTACT: C-Cube divi.com

To: Grantcw who wrote (43159)	7/18/1999 10:57:00 PM
From: Craig Gordon	Read Replies (1) \| Respond to of 50808

You seem to have forgotten that Cube was 17 a very short time ago. Price movements tend to come in waves. I think this up wave is over. It has nothing to do with CUBE as a business or CUBES fundamentals. I still own a very large position in my personal account for the long term. I think CUBE will win out in the long term because it is a very good company. I just don't think it will do well short term. Just because I haven't posted here lately don't think that I haven't been around Cube for a long time. I bought in March of 95 at $15 per share. I have held a position in the company since that time. I have made and lost millions on this stock. Sorry to have stepped on your feelings and the feelings of many others who have posted here. I have never gotten so many responses to a post. One last thought - Time will tell us who is right about the price movement in Cube's stock in the next 3 months. Time will be the teacher of all of us.