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


To: Stoctrash who wrote (45350)9/24/1999 11:23:00 AM
From: Black-Scholes  Respond to of 50808
 
I smell a buyout!!!



To: Stoctrash who wrote (45350)9/24/1999 11:32:00 AM
From: .com  Read Replies (1) | Respond to of 50808
 
Friday September 24, 10:44 am Eastern Time

RESEARCH ALERT-Lehman raises C-Cube Microsystems

NEW YORK, Sept 24 (Reuters) - Lehman Brothers said it raised its price target for C-Cube Microsystems Inc.
(NasdaqSC:CUBE - news) to $71 a share from $41 a share.

-- Analyst Dan Myers said, ``We believe that US cable is undergoing a major restructuring; moving from closed, proprietary
systems to open systems based on standards. As a result, cable equipment suppliers such as General Instrument
Corp.(NYSE:GIC - news) and Scientific-Atlanta Inc. (NYSE:SFA - news) are under attack from newcomers such as Sony Corp.
and C-Cube.'

-- Shares were trading at $37-1/4, up $2-7/8, in early Nasdaq.