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


To: Trieu who wrote (47061)10/29/1999 1:43:00 PM
From: BillyG  Respond to of 50808
 
As for the trading in Harmonic and Cube based on the exchange ratio, we should expect trading to deviate some from this ratio to account for the risk involved in the deal not going through. The question: why is the deviation so large?

You're right. Very good question.



To: Trieu who wrote (47061)10/29/1999 1:47:00 PM
From: BillyG  Read Replies (1) | Respond to of 50808
 
Could the INTC news be weighing on CUBE? I see it as a plus but others may differ.
news.cnet.com

Chips for cell phones, set-top boxes, high-speed modems, and Internet devices will all become a larger part of Intel's business plan, company executives said today during a Webcast.

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As for set-tops, Intel has already landed three high-profile set-top box deals and will ontinue to pursue such agreements, Otellini said. Along with providing chips for these deployments, Intel has been working behind the scenes to design these boxes, usually a task taken up by the manufacturers.

"These set-top boxes are all designed by Intel and are all based around Intel technology," Otellini said. 'We are also designing a line of Web appliances" for debut in 2000, he added.