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


To: Terry Caskey who wrote (36604)10/9/1998 3:04:00 PM
From: DiViT  Read Replies (2) | Respond to of 50808
 
re: Rare

"minus 12%, one day. "

Not to mention the day before.



To: Terry Caskey who wrote (36604)10/9/1998 5:22:00 PM
From: John Rieman  Respond to of 50808
 
BSkyB boxes are being subsudized. Still little interest in the UK..........................................

inside-cable.co.uk

UK's DIGITAL LAUNCH - HEAVY SUBSIDIES AVAILABLE

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Digital TV launched in the UK on October 1st with the first satellite decoders sold in a specially opened Oxford Street store just after midnight. Terrestrial digital launches in November and cable in the spring of 1999.
BSkyB plans to sell at least 200,000 digital TV systems by the end of the Christmas season, backed by a 60 million pound marketing campaign in the press, on TV and with prominent poster ads.
Sky Digital customers can buy their boxes in over 5000 shops for 199.99 (or 159.99 if they are an existing Sky subscriber). An engineer will call within three working days to install the new dish, smaller than the analogue dish, and set up the system.
Installation is free if the purchaser subscribes to a Sky Digital channel package (starting at 6.99 a month) and the price of the settop box is conditional, in the purchase contract, on the box being connected to a telephone line. Without a telephone connection the cost increases by 167 pounds, and without a subscription installation costs 99.99. The heavy subsidies are costing BSkyB and BIB (the interactive service provider) a substantial investment.
The first settop boxes are from Pace. Other manufacturers will be supplying boxes in the coming weeks. The costs of developing digital TV technology helped push one manufacturer, Amstrad, into the red this year.

Our visit to three large stores at the weekend, three days after launch, revealed a distinct absence of interest in Sky Digital. It is to be hoped for their sake that interest picks up. However it is difficult to get away from the impression that the main selling propositions are more channels and better quality signals. The British public has always been hesitant about more TV channels, and 'better quality signals' is a message which has rarely been able to shift customer behaviour quickly.



To: Terry Caskey who wrote (36604)10/13/1998 8:36:00 AM
From: Rarebird  Read Replies (1) | Respond to of 50808
 
Caskey, when the " stake " is placed in the Casket of the S@P and all the money comes " Home " to roost, Homestake Mining will be the clear winner, as it was in the crash of 1929 when it was up 700%!
The Rarebird 20% average down law came into effect yesterday: I bought more Homestake at $11.5, right at that 200 day moving average which provided great support! Now I'm in at $12.9375.

Word on the Street, boys, is that Ellington Management Group, a 400 million hedge fund, had to close out positions to meet a margin call this weekend. It is likely that hedge funds will continue to periodically have severe difficulties and/or go bankrupt, more prominently during periods of strong adversity, such as, collapsing equities, rising commodity prices, and in fact any behavior sharpely contrary to that which was experienced in the long bull market. The great Merrill Lynch is laying off 3,000 workers.
There will also continue to be sharp rally days in the Dow and Nasdaq to shake out individuals who are attempting to take advantage of the bear market by selling short; short selling professionals do not believe that imitation is the sincerest form of flattery ( they go long too ) and will squeeze out the little guys and girls wherever possible.

C-Cube's earnings report, especially those revenues, are real worthy of fresh new lows! After the fools buy C-Cube at the open, how long will it take, boys, for the Ice Cube to slide?