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


To: C. Niebucc who wrote (38582)1/25/1999 5:09:00 PM
From: John Rieman  Respond to of 50808
 
Oh, Gag me C!

Mediamatics has been selling to most of C-Cube's competitor's the design for their chips, or licensing the core. SGS Thomson has dominated Settops with it. Now Sigma is doing well in DVD-PC. This chip is for DVD players. No fat CPU to handle the decode. Software DVD decoders are limited to areas where you have a lot of extra CPU headroom.



To: C. Niebucc who wrote (38582)1/26/1999 12:54:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Comforting words from Walt...

I'm not so sure about that last sentence tho'

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C-CUBE CFO SAYS R&D INCREASE NO BIG DEAL.

01/25/99 Computergram International
COPYRIGHT 1999 ComputerWire Inc.

C-Cube Microsystems Inc, whose shares dropped more than 20% Friday after several analysts downwardly revised earnings expectations, insists that the market has blown the situation at the company out of proportion. The shares fell $7.0625, or 23.79% to close at $22.625. Chief financial officer Walt Walczykowski explained that investor concern is mainly over planned increases in R&D spending and integration costs following the acquisition of TV/Com (see separate story). Although he would give no specifics, Walczykowski said that the TV/Com deal was a small one and insisted that the share price plunge wasn't exactly justified given the amount of planned R&D increases. He points out that the company met fourth-quarter expectations and says that top and bottom line growth are a reality for the company "for 1999 and beyond."