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

To: Craig Gordon who wrote (46775)	10/27/1999 10:43:00 PM
From: .com	Read Replies (1) \| Respond to of 50808

and yet even more from briefing.com... "One big winner tomorrow will be C-Cube Microsystems (CUBE), which effectively sold itself. Though the news was that it sold its DiviCom division to Harmonic Lightwave (HLIT), the reality is that the deal is contingent on CUBE selling the rest of its businesses before it is acquired by HLIT. Shareholders of CUBE will therefore receive $32.50/share in HLIT stock (based on Wednesday's closing price) plus whatever CUBE can fetch for its other divisions, which should exceed the 8 dollars needed to make this a good deal for CUBE holders based on today's close of 40 3/8 (kudos to Lehman analysts, who we cited on In Play back on Sep 24 for noting that CUBE's DiviCom division deserved an HLIT-like valuation)."