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

To: DiViT who wrote (24905)	11/5/1997 8:21:00 PM
From: John Rieman	Read Replies (1) \| Respond to of 50808

Today, a cheap MPEG-1 codec. Cheap MPEG-2 is 2 years away. Why not get rid of the AC-3 receiver. Put it in the same box. Cube can do that. And while they're at it, they could put a CD/DVD drive in it. Out-puts to PC/TV&Sound system. But you still need an input jack for camers and such. How do you come up with these old links?

To: DiViT who wrote (24905)	11/5/1997 9:47:00 PM
From: John Rieman	Read Replies (1) \| Respond to of 50808

China auctioning bankrupt state owned assets.......................... chinanews.com Liaoning auctions state firms (04/November/1997) Shenyang, November 4 (CNS) --- Zhuanghe Municipal Government auctioned 59 small and medium enterprises last week in Shenyang, capital of Liaoning Province, northeastern China. This is the first time ailing state companies have been auctioned in the province. At the time a decision was made to sell off failing enterprises, there were 329 state companies in Zhuanghe, of which 210 were considered in need of restructuring, either by floatation, merger, outright sale, or by the temporary transfer of operating rights. It is reported that bidders were free to bid for one or more of the 59 companies on an equal basis. The sale would go to the highest bidder, subject only to the minimum price. More than 600 business investors from the USA, Germany, South Korea, Singapore, Taiwan, Hong Kong, and other mainland cities, were present. The auctions already produced two sales of RMB5.5m and RMB4m with provisional agreement on 20 other enterprises. --end item CNS 1104-02