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

To: John Rieman who wrote (49659)	7/13/2000 12:43:45 AM
From: J Fieb	Respond to of 50808

Hi John, Here's how that company that bought GIC came in..... Wednesday July 12, 8:39 pm Eastern Time Motorola Q2 oper profits up, phone margins improve (UPDATE: changes throughout, changes dateline, previous Schaumburg, adds byline) By Susan Kelly CHICAGO, July 12 (Reuters) - Motorola Inc. (NYSE:MOT - news), the world's second largest wireless phone maker, said on Wednesday its second-quarter operating profits nearly doubled, matching Wall Street estimates, amid improved handset margins and strong sales in the network systems segment. Motorola said second-quarter earnings from ongoing operations were $515 million, or 23 cents a share excluding special items, up 91 percent from $269 million, or a split-adjusted 13 cents a share, last year. Operating profit margin in the handset unit recovered to 4 percent of sales versus 2 percent of sales in the first quarter this year and was about equal to the year-ago profit margin. ``I was very surprised that operating margins for phones was at 4 percent. That's what everybody was keying in on this quarter. We were looking at 3.2, so 4 percent is excellent,'' said Chase H&Q analyst Ed Snyder. Overall earnings for the quarter, including special items, were $204 million, or 9 cents per share, compared with $255 million, or 12 cents a share a year ago. Sales climbed to $9.3 billion from $7.6 billion a year ago. Ahead of the news, shares in Motorola rose 2-1/8 to close at 35-7/16 in New York Stock Exchange trading. In after hours trading, the stock recovered to 36 after initially slipping to 33-1/16 just after the results were reported. Analysts had expected Motorola to earn 23 cents a share in the quarter, according to market research firm First Call/Thomson Financial. ``They reported 23 cents, which was in line with expectations, and in the cell phone business they actually hit a 4 percent margin. Some people were afraid they wouldn't come in that 3.5 to 4 percent range,'' said Charles Disanza, analyst with Gerard Klauer Mattison & Co. Sales in the personal communications segment rose 20 percent to $3.3 billion. Operating profits increased to $132 million, compared with $125 million a year ago. Better gross margins from phone products helped drive the improvement in profitability in the second quarter versus the first quarter, the company said. Operating margins in handsets improved because Motorola discontinued some of its older, less-profitable models, analysts said. ``They got to that operating margin number by not selling some of the older phones that were losing money, and that showed up on the revenue line,'' Snyder said. Handset orders fell less than 1 percent to $3.1 billion. Analysts said they looked for Motorola to discuss how it will boost revenues in a conference call early on Thursday. ``The revenue issue is going to be addressed tomorrow in the call, I think,'' said Snyder. ``What it comes down to is how much of the new products are in the channel now.'' In the network systems segment, sales increased 23 percent to $2.0 billion and orders were up 37 percent to $2.1 billion. Operating profits increased to $256 million from $169 million a year ago. ``We are particularly pleased by the performance of the broadband communications and network systems segments,'' Motorola President Robert Growney said. ``The excellent sales growth and profit improvement in the semiconductor products segment continued, and we made good progress in addressing the profitability issues experienced by the personal communications segment in the first quarter,'' said Growney, who is also chief operating officer. -------------------------------------------------------------------------------- 4% profit margin on phones, may as well open a bunch of Wallmarts! Are you sure we should get some more QCOM?? Your last post really hit home for me. I know that Apple should announce the next Imac soon and maybe that would put some wind in our sails. Calling Mark Cohn(Sp?), why wasn't the E4 more successful? You beat them all(Great job!). You built it, but they didn't come. Why? Carnac? You still alive? Anyone have any thoughts on that Microtune IPO later this month....they only lost 16 mill or so last Q.

To: John Rieman who wrote (49659)	7/13/2000 1:38:38 AM
From: view	Read Replies (1) \| Respond to of 50808

Hi John; I have not been in this site for a long time. it is good to see the old folks are still around. I am also surprised (also agree with you) about CUBE's current situation. The main reason that I left was due to lack of killer mentality by cube, and big mis-management. I am not sure if it has changed since they brought in Umesh. the company had a chance to become an Intel of digital consumer revolution but they missed it big time. I am at the side line and watching for any new development. their biggest opportunity was in set-up market and I do not hear that they are doing all that great. thanks for all your posts in that last 5 years

To: John Rieman who wrote (49659)	7/13/2000 9:13:49 AM
From: BBartholomew	Read Replies (2) \| Respond to of 50808

This is the technical scoop (momentum) on CUBE. It's a momentum market, so we need some good fundamental noise to get the technical indicators going the other way. Comparing the valuations of CUBE to ZRAN, who have a buy technical rating, have to get you excited about the potential run CUBE could have if they could get this turned around. Second Opinion Weekly Symbol: CUBE Name: C CUBE MICROSYSTEMS Exchange: NMS 1 Year Chart \| 3 Month Chart Close as of week ending 7/7/00 Opinion AVOID Date 07/10/00 Price 19.38 Score 0 C-RATE -4.2 DOWNGRADED Recommendation Stock is a Short Sale Candidate. If you are long, close position or monitor stock closely. Second Opinion Weekly Symbol: ZRAN Name: ZORAN CORP Exchange: NMS 1 Year Chart \| 3 Month Chart Close as of week ending 7/7/00 Opinion LONG Date 06/26/00 Price 55.94 Score 0 C-Rate 6.4 Recommendation Stock is a Buy. Comment Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. Chart pattern indicates a Strong Upward Trend. Relative Strength is Bullish. Up/Down volume pattern indicates that the stock is under Accumulation. The 50 day Moving Average is rising which is Bullish. The 200 day Moving Average is rising which is Bullish. Stock broke Double Top (Bullish) Point & Figure Chart Formation Last Week Week's Activity Week Close 70.06 Week Change 4.12 P&F DOUBLE TOP BREAKOUT Week Open 66.00 Week High 72.31 Week Low 60.00 Price Analysis Yr. High 78.13 Yr. Low 18.00 MO Chg.(%) 50.5 Resistance N/A Support N/A SELL STOP 52.00 Volatility(%) 7.6 Position 92 ADXR 26 Moving Average Analysis Type Price % Slope 10 Day 64.87 108 UP 21 Day 56.96 123 UP 50 Day 48.99 143 UP 200 Day 46.09 152 UP Volume Analysis Ave DailyVolume(00) 3054 MO Chg.(%) -0.9 Up/Down Volume (U/D) U/D Ratio 2.2 U/D Direction UP On Balance Volume BL Positive OBV BL Negative OBV BL Money Flow(MF) 74 MF Direction DOWN Technical Analysis Alpha 0.67 50-Day R.S. 1.38 OBOS 1 Beta 1.67 STO(Slow %K) 59 B.BANDS 47 MACD ST BL STO(Fast %K) 82 RSV 94 MACD LT BL Wilder's RSI 76 POWER RATING 88 Market Edge & Second Opinion are neither offers to sell nor solicitations of offers to buy any security. See User Agreement for other disclaimers. Second Opinion Weekly • Idea Generator • On The Edge