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

To: R Verchota who wrote (29297)	2/10/1998 10:04:00 AM
From: Stoctrash	Read Replies (5) \| Respond to of 50808

It seems that way. Not good news for cube. Why is the stock up on not so good news? I don't know, maybe the street is not focusing on second or third tier deals. "Waiting for the Grove stamp of approval."

To: R Verchota who wrote (29297)	2/10/1998 10:34:00 AM
From: BillyG	Respond to of 50808

Headlines: InnovaCon is "Blue Sky"..................... InnovaCom Registration Becomes Effective with SEC; Securities "Blue-Skied" for Secondary Trading in All 50 States SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 10, 1998--InnovaCom, Inc., announced today that its registration statement on Form 10SB has become effective. Consequently, InnovaCom is now a "reporting issuer" with the United States Securities and Exchange Commission and, pursuant to applicable federal law, is now exempt from state regulation requiring registration or qualification for secondary trading in its securities. Pursuant to section 18(a) of the Securities Act of 1933, as amended, state "blue sky" laws regulating the trading in securities of "reporting issuers" has been pre-empted by Congress avoiding the necessity of obtaining an exemption in all 50 states for secondary trading. Innovacom's Form 10SB, which was filed with the Securities and exchange Commission on December 12, 1997, became effective sixty (60) days after filing, or on February 10, 1998. The effectiveness of the registration statement is a condition to the acceptance of an application with the National Association of Securities Dealers, Inc. ("NASD") for the trading of InnovaCom's common stock on the NASDAQ Stock Market. Provided that all other conditions have been met, the Company intends to file an application with the NASDAQ Stock Market to list its common stock on the small cap market as soon as practical. InnovaCom, Inc. is a leading developer of MPEG-2 products for broadcast quality video compression and digital video communication. Visit InnovaCom's web site at innovacom-mpeg2.com. InnovaCom is located at 2855 Kifer Road, Suite 100, Santa Clara, Calif. 95051. Telephone is (408)727-2774 (CHIP) and Fax is (408)727-6625. Investor Relations contact is Ben Gibson. Press Relations contact is Carter Elliott at (408)997-9660. CONTACT: InnovaCom, Inc. Ben Gibson, 408/727-2774 or Carter Elliott Public Relations Carter Elliott, 408/997-9660