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

To: Stoctrash who wrote (46635)	10/27/1999 5:14:00 PM
From: JPM	Read Replies (2) \| Respond to of 50808

So, I want to know... where does the CUBE open tomorrow morning? $65ish? that would be sweeeeeeeeet...

To: Stoctrash who wrote (46635)	10/27/1999 5:14:00 PM
From: Jacques Chitte	Respond to of 50808

HLIT tanked today ... don't count your buzzards

To: Stoctrash who wrote (46635)	10/27/1999 5:15:00 PM
From: BostonView	Respond to of 50808

Doubt BRCM...INTC<---very acquisitive of late. Makes sense. I also think STM is sniffing around. BV

To: Stoctrash who wrote (46635)	10/27/1999 5:19:00 PM
From: Black-Scholes	Respond to of 50808

"C-Cube Microsystems (Nasdaq:CUBE)today announced that it has entered into a definitive agreement to combine its wholly-owned DiviCom subsidiary with Harmonic (Nasdaq:HLIT), and to spin off or sell its semiconductor business in a taxable transaction prior to the closing of the transaction." Boys, the semi side has been dealt already - it's already been sold. It's over except for the goodbyes!!!!

To: Stoctrash who wrote (46635)	10/27/1999 5:47:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

Cube paid $130mm for Divi, used them for revenue, while they restructured the semi biz, then spit them out for 1.7bln. c-cube.com C-Cube paid $65.7 million, issued approximately 2,291,000 shares of its common stock and assumed options excercisable for approximately 264,000 shares of its common stock in exchange for the outstanding shares of DiviCom stock that C-Cube does not already own. The acquisition is being accounted for as a purchase. C-Cube expects to incur one time charges in the third quarter associated with the acquisition of approximately $133 million dollars, based on the valuation of the transaction. Of the $133 million dollars, approximately $130 million dollars are for in-process research and development.