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


To: CPAMarty who wrote (28097)1/14/1998 6:48:00 PM
From: John Rieman  Read Replies (2) | Respond to of 50808
 
Justin must not have looked at the job listings. Cube's spending more on SG&A and R&D. If gross margins are still around 55%, Cube needs about $87M in revenue to do $.28- $.29 per share, using 38M shares...........................

A new accounting rule took effect on Dec. 15th. Companies no longer need to count their vested options that are above strike price, as shares outstanding. This will reduce the share count for a number of tech. companies. Cube options would have decreased this Q anyway.