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


To: Ian deSouza who wrote (28748)1/26/1998 12:34:00 PM
From: CPAMarty  Respond to of 50808
 
Looks like Olde will not be raising its rating
On 1/23/98 Justin Burgin reiterated his neutral rating. He expects growth in unit demand for VCD but thinks pricing pressures will miigate any increased revenue in the 1st half of 1998. In addition he thinks a slower than anticipated ramp up of DVD markets is hampering new market penetration by CUBE. Also he expects the growth in set-tops to occure in the second half of 1998

EPS estimates

q1 for 98 = .26 for 99 =.35
q2 for 98 = .26 for 99 =.35
q3 for 98 =.28 for 99 =.36
q4 for 98 =.33 for 99 =.39

total for 98=1.13 for 99= 1.45

I don't think any of the above is inconsistent with the conference call, its just that the analysts are taking a very short term view