Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: stockbug who wrote (38461)	1/22/1999 11:04:00 AM
From: BillyG	Read Replies (1) \| Respond to of 50808

The philosophical: Perhaps there were speculators who bought hoping for an upside surprise. No upside surprise, so they sold shares. The pragmatic: Cube always drops the day after earnings.

To: stockbug who wrote (38461)	1/24/1999 10:37:00 PM
From: Cameron Lang	Respond to of 50808

An ominous headline which is simply not a big deal... cbs.marketwatch.com C-Cube Microsystems trimmed by Warburg Dillon Read Shares of C-Cube Microsystems dropped 24 percent after the company's earnings estimates were trimmed by analysts at Warburg Dillon Read, following the release of C-Cube's fourth-quarter results. In research notes, Warburg analysts lowered their fiscal-1999 earnings estimates to $1.26 from $1.30 a share to reflect "slightly lower growth" expectations. They also said they expect higher expenses connected with C-Cube's recent purchase for Divicom. The company (CUBE), which manufactures digital video technology, said its fourth-quarter net income was $12.4 million, or 31 cents a share, vs. $11.6 million, or 30 cents a share, in the year-ago period. Analysts polled by First Call projected the company to earn 31 cents. Revenue for the quarter was $96 million compared with $90 million in the year earlier. See press release. C-Cube shares lost 7 1/16 at 22 5/8.