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

To: Stoctrash who wrote (35228)	8/17/1998 12:17:00 PM
From: Stoctrash	Read Replies (3) \| Respond to of 50808

C-Cube Named Industry's Leading Provider of MPEG Digital Video Silicon for 1997 by Dataquest MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 17, 1998--C-Cube Microsystems (NASDAQ:CUBE - news) announced today that Dataquest has named C-Cube the world's leading provider of MPEG digital video silicon for 1997. C-Cube's first mover advantage in the market for digital video has enabled the company take the lead position in Dataquest's annual ranking of MPEG decompression silicon solutions for the second consecutive year. In 1997 C-Cube controlled more than 40 percent of the worldwide revenue from sales of all types of MPEG digital video decoder chips, more than twice the share of its nearest competitor. To determine the leading vendor, Dataquest evaluated worldwide sales of both MPEG-1 and MPEG-2 decompression chips. ''C-Cube's semiconductor business maintained a strong market lead as a result of focused execution and its ability to respond quickly to changing market demands,'' said Alex Balkanski, president and CEO of C-Cube Microsystems. ''In addition to capitalizing on critical applications in both the communications and consumer segments, we continued to invest in the strategic programs that we expect will drive the success of the corporation long term. We are excited about the opportunities that lie before us as the penetration of digital video expands to the broad consumer market.'' C-Cube led the creation of the MPEG standard and has continued to play an active role in driving open standards for a variety of digital video applications worldwide. C-Cube was the first company to deliver an MPEG decoding chip for digital set-top boxes, a digital video decoding chip for consumer electronics, an MPEG encoding processor for digital broadcast and a frame accurate MPEG editing (FAME(tm)) codec for nonlinear editing. The company's highly programmable processor architectures will allow C-Cube to continue penetrating new market opportunities for digital video communications and consumer applications. About Gartner Group's Dataquest GartnerGroup's Dataquest is the recognized leader in providing the high-technology and financial communities with market intelligence for the semiconductor, computer systems and peripherals, communications, document management, software, and services sectors of the global information technology industry. Additional information about the company is available on the Internet at gartner.com. About C-Cube Microsystems biz.yahoo.com

To: Stoctrash who wrote (35228)	8/17/1998 7:10:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 50808

" Price is the ultimate evaluator". Really? Is that what has inspired you to maintain a long position in Cube over the last 2 Years? PS: To the thread: Since I was under the weather this weekend with a slight fever, I spent Sunday home on the Jersey Shore reading the first 2500 posts on this thread. Very Interesting and I must admit not surprising. For those interested, one can find the resume of the CEO of this thread ( Mr. David Nadalin )on post# 1316. I always felt you had once worked for Cube and Divi, David. So that's where all the cheap shares came from. John R. and Andy Chen, my friend, resident technicians of C-Cube in the early days. John, what on earth made you buy Cube at $62,$60 and $46 a share just a couple of years ago? Once it broke below $39 and its 200 day moving average, it was all over for Cube. I was short then, but unfortunately not a member of SI yet. Now I know why Andy and John hate technical analysis: they got burnt big time from it! The solution, of course, John, is to go all the way to the other extreme and become a fundamentalist. That hasn't worked out yet either! I could feel for Andy Chen now and would have handled it differently if I knew he sold at the bottom of the 96 summer correction. Andy was right about one thing though: the Holy Chart still points to $10 for the Ice Cube. I don't know how Cube is getting there; at this point, Cube doesn't belong at $10 fundamentally; but I know this: that's where Cube's destiny points to.