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

To: Stoctrash who wrote (47318)	11/2/1999 3:39:00 PM
From: DiViT	Read Replies (2) \| Respond to of 50808

Divicoms valuation = Outstanding Cubes shares / 2 * price of HLIT right? 39,938,533 CUBE outstanding = 19,969,267 HLIT shares for Divi. 19,969,267 $53 = $1.05Bil The deal has already "lost" 3 quarters of a billion dollars? Somebody check my math...

To: Stoctrash who wrote (47318)	11/2/1999 6:48:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

Dish missed by a nickle. EchoStar's third-quarter loss widens Record subscriber growth is offset by higher costs cbs.marketwatch.com By David B. Wilkerson, CBS MarketWatch Last Update: 12:13 PM ET Nov 2, 1999 See: Media Indexes LITTLETON, Colo. (CBS.MW) -- Direct satellite broadcaster EchoStar Communications reported a third-quarter loss Tuesday that exceeded most analysts' expectations, as record subscriber growth was offset by increased marketing and operating costs. The company said it lost $124.4 million, or 55 cents a share, compared with a deficit of $60.8 million, or 34 cents a share, in the same period last year. On average, analysts polled by First Call were expecting a loss of 50 cents a share. Shares (DISH: news, msgs) fell 1/2 to 65 1/2 in recent trading. Revenue rose to $427.5 million from $235.4 million. See press release. Subscribers to EchoStar's Dish Network satellite programming service jumped 65 percent over last year's September period, as 375,000 customers were added to the company's rolls. Dish now has about 3 million subscribers in total. Subscriber revenue rose to $356.4 million from $179.4 million. But to lure those new subscribers, total marketing expenses jumped to $200.6 million from $65.7 million. Dish Network operating expenses rose to $199 million from $104.1 million. Separately, EchoStar agreed to carry TV Games Network, a live horse-racing and interactive wagering network, on its satellite service for the next 10 years. TV Games Network is a subsidiary of TV Guide (TVGIA: news, msgs). "The addition of TVG programming to the substantial majority of our customers is our first significant example of an exciting new interactive service that realizes multiple revenue streams for our shareholders," said Charlie Ergen, chairman and chief executive of EchoStar, in a statement. TV Guide shares rose 1 1/2 to 53 3/4 in recent trading