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


To: Patrice Gigahurtz who wrote (25642)11/24/1997 1:58:00 PM
From: coopie  Read Replies (1) | Respond to of 50808
 
As a founding member of Options Anonymous, may I wish you Good Luck, and Godspeed to Dec. 19th.



To: Patrice Gigahurtz who wrote (25642)11/24/1997 5:25:00 PM
From: John Rieman  Respond to of 50808
 
More on Zenith boxes is the Big Easy.....................................

mediacentral.com

BellSouth Launches Digital MMDS in New Orleans With Zenith Boxes

By Jim Barthold

BellSouth Corp. has launched digital MMDS service in New Orleans using Zenith Electronics Corp. set-top boxes, offering more than 160 channels from its americast programming service.

The rollout marks the first deployment of the Zenith wireless boxes, built as part of americast's 3-million-unit order. Zenith is building modular boxes for americast members to deploy hybrid fiber-coax, MMDS wireless, switched digital video or DBS service. The boxes can be modularly configured if needs change after installation.

"They're not field-replaceable, but let's say they are service center-replaceable modules," said William Leuhrs, president of Zenith Networks Systems Division. "I could upgrade my module from a wireless to a wired, if that's the direction I'm going in."

New Orleans is ripe territory for a wireless service because its flat terrain offers good line-of-sight for microwave signals. The service is using programming developed by the americast partnership of BellSouth, Ameritech, GTE, SNET and The Walt Disney Co. The new service also is telecasting local and satellite channels, multiplexed pay-per-view and an onscreen, interactive program guide.

Monthly subscriber rates in New Orleans range from $14.99 to $79.99. The very basic package includes a $6.99 box rental, 11 local channels, six education channels and 30 channels of Music Choice digital music. The $79.99 fee includes membership in the Cinema Club, according to a BellSouth spokesman. PPV movies will cost regular subscribers $3.99 each and Cinema Club members $2.99.

Neither BellSouth nor Zenith is saying anything about the scope of the launch.

"We're not releasing that right now," the BellSouth spokesman said. "The fact that we've invested as much as we have and we've done extensive market research, we expect it to be a very successful program for us. We're just launching it and we're not releasing our business case right now."

BellSouth offers video service selectively in several southeastern markets covering more than 400,000 homes. The telco said it will begin to offer home-entertainment services in areas covering more than 2 million homes in Atlanta, Miami, Orlando, Jacksonville and Daytona where more traditional HFC networks will be built.

(November 24, 1997)



To: Patrice Gigahurtz who wrote (25642)11/24/1997 9:40:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 50808
 
According to an online service Japan's Nikkei-250 index is down 600ish points in Tue 11/25 trading. What effect will this have on our Tue trading ? Recall CUBE recently traded in the upper $20 range and then rallied to mid $20s on that (latest) takeover rumor. Anyway I'm a liitle worried and glad to have today ended my final experience with margin stock buying. Now if I could just get naked put writing out of my system ! That Feb35 CUBE put I sold could be my undoing ?

Still long CUBE but covering my a-- with Dec25 covered calls.