Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Rieman who wrote (48292)	1/16/2000 6:03:00 PM
From: buckhead26	Read Replies (1) \| Respond to of 50808

I was looking at the HLIT and CUBE merger, and trying to understand how the stockholders benefit from the semi disposal. HLIT at about 90. 1 cube = .54 hlit - 48.6 for cube in hlit shares Current price CUBE = 65 Premiume for semi part = 17 (65 - 48.6) #shares of cube = 41 Market's 'premium' for semi = 697 million. I can understand a spinoff to shareholders, but as a sale how do CUBE shareholders benefit directly, other than the proceeds from sale which would be transferred to HLIT. How do you put a premium on that other than the increase in cash for HLIT? Is this right? buck