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

To: J.S. who wrote (29813)	2/22/1998 3:10:00 PM
From: John Rieman	Read Replies (1) \| Respond to of 50808

Gross margins are to improve 1% to 1.5% this Q. C-Cube went to .30microns on the CL-680 VCD chip. R&D and SG&A remain constrained. C-Cube's tax rate should fall to 30% this year, from 34% last year. Not all in one Q though. On flat revenues with Q4, C-Cube's ESP will be higher then $.30. C-Cube can get an extra $2M in sales, IF VCD keeps selling at its current rate, through the end of March. It takes 4.2M chips, up from 3.5M last Q, to increase revenues. It's not a done deal yet, there is one month left. C-Cube new products will add to revenues, but not much until the second 1/2 of the year. On Feb. 24 last year, C-Cube announced ZiVA. It amounted to 3% of sales in 1997, almost all in the second 1/2. When you are creating new markets, it takes time. This year, on Feb. 24th, C-Cube is here..................... c-cube.com It means more than Divi's announcement Monday.

To: J.S. who wrote (29813)	2/22/1998 4:14:00 PM
From: John Rieman	Read Replies (2) \| Respond to of 50808

Japan lost its HDTV satellite................................................ Sunday February 22, 3:22 am Eastern Time Japan failed satellite deals blow to space program By Jon Herskovitz TOKYO, Feb 22 (Reuters) - Japan's space agency said on Sunday a multimillion dollar communications satellite is still inoperable after a domestically-developed rocket failed to send it into a proper orbit on Saturday. The agency is investigating why its H-2 rocket did not complete a second stage burn that scuttled the mission. The failure comes at an inauspicious time for Japan's fledgling and expensive National Space Development Agency. Japan's space agency was trying to turn the corner from being an expensive government project to a commercially viable satellite launching operation. NASDA is also responsible for putting the Japanese government's next generation of digital broadcast satellites into orbit around 2000. All of Japan's terrestrial networks are gearing up for the launch of the new BS-4 satellite because they will have been alloted one digital channel for nationwide broadcasting. On Saturday, a Japanese H-2 rocket failed to launch the satellite it was carrying after its second stage burned for too short a time, NASDA said. It was the first time an H-2 rocket, Japan's first major rocket developed entirely with domestic technology, had failed. The two-stage H-2 rocket blasted off from Tanegashima Space Center in Kagoshima Prefecture, southwestern Japan, about 1,000 km (620 miles) southwest of Tokyo, on Saturday afternoon and released the satellite into space. But the communications and broadcasting test satellite could not be put into the geostationary orbit as scheduled because of the second-stage rocket failure, it said. The second stage was supposed to burn twice. But it burned properly for five minutes the first time, and then only for 44 seconds the second time, compared to the scheduled three minutes, it said. Science and Technology Agency Director Sadakazu Tanigaki said that he was shocked by the failed satellite launch and pledged a thorough investigation into the causes. ''I take this seriously,'' Tanigaki told a news conference at Tanegashima Space Center after the failed launch. ''It's a big shock because a series of H-2 rocket launches had been near perfect to date. I believe it is my responsibility to shed light on the cause of the failure in order to learn a lesson for the next launch,'' he said. The 46.2 billion yen ($360 million), 2.2-ton satellite, called COMETS or ''Kakehashi,'' (bridge) in Japanese, is one of the world's largest satellites. It carries a mobile antenna and advanced mobile communications equipment. The satellite was scheduled to be used for experiments in new satellite broadcasting services, such as wide-band high-definition TV and regional broadcasting. Other countries, such as the United States, Russia and China, created commercial launching operations out of technology developed for the military, but Japan's military activities and budget are limited by its post-war pacifist constitution. Yet despite the lack of commercial launches so far, Japanese companies have quietly been developing expertise in the hope of tapping some of the potentially huge market. Rocket System Corp, which was established to produce rockets and provide launch services for NASDA, is now marketing its services globally. Mitsubishi Electric Corp (6503.T) is aiming to become the first Japanese company to market satellites commercially. ($ equals 128 yen)