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

To: BostonView who wrote (46653)	10/27/1999 5:43:00 PM
From: DiViT	Read Replies (2) \| Respond to of 50808

"The combination of DiviCom and Harmonic creates a powerful broadband networking company that is the premier provider of open solutions for voice, video and data infrastructure," said Alexandre Balkanski, C-Cube's Chief Executive Officer. "The spin off launches a semiconductor pure play that is number one and strengthening in digital video. (a) "C-Cube shareholders will gain a significant stake in Harmonic/DiviCom in addition to their continued ownership in our thriving semiconductor business," Balkanski said. "C-Cube Semiconductor has made excellent gains over the past year, and leads the world in the digital video marketplace," said Umesh Padval, President-C-Cube Semiconductor. "We foresee accelerating opportunities in our growth platforms of DVDs, Set-top Boxes and Codecs." (a)