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


To: Daniel Simon who wrote (39117)3/3/1999 7:12:00 PM
From: VidiVici  Respond to of 50808
 
Vidi Vici a.k.a. David N.


Say what??



To: Daniel Simon who wrote (39117)3/3/1999 9:32:00 PM
From: stockbug  Read Replies (1) | Respond to of 50808
 
It traded with the market. Most chips were down overall. If there was a true earnings shortfall worry the volume would have been greater.

After 1997 they have incorporated short falls into their business model. The stock is being manipulated by the shorts and market makers. In fact today as the market rebounded it rebounded.

Based on other posts here and on Yahoo it is trading in its normal trading pattern. Up to mid 20's down to the 17's or 19's depending on the market on low volume.

In the last 3 weeks we have had several major stocks getting clobbered Intel, Dell, Compaq, and 3Comm yesterday and today. Cube dropped from 22 just like others dropped on the Nasdaq due to theses heavy weights pulling down the market. Goes back to the old addage the market needs to stop trading as a stock market and trade as a market of stocks.

So let's not bring the Old Earnings Rumor out when the market is getting hurt by other factors because all it does is add to the problems unnecessarily.



To: Daniel Simon who wrote (39117)3/3/1999 10:30:00 PM
From: John Rieman  Respond to of 50808
 
C-Cube guidence was for Q1, '99, flat with Q4, '98. First call is at $.31. VCD may surpise. If that market grew any units, it should show this Q, or, the market is declining in units. C-Cube also faces roll out delays in other markets................................

multichannel.com

March 03, 1999:

NAB Fears Digital-Rollout Stall
Washington -- A senior broadcasting official said Tuesday that small-market TV stations might have a tough time meeting the digital-rollout timetable established by the Federal Communications Commission.

Under FCC rules, every commercial TV station is required to be transmitting a digital signal no later than May 1, 2002. Broadcasters expect the conversion to digital to cost as much as $10 billion.

"That schedule is way too ambitious, given the pace of the rollout and the pace of the equipment and all of the other issues," said Chuck Sherman, executive vice president of television for the National Association of Broadcasters.

Sherman, speaking at a digital-TV forum organized by digital-equipment manufacturers, said the digital rollout could stall in areas located outside of the top 50 markets.

Decker Anstrom, president of the National Cable Television Association, told the same forum that cable operators were spending $8 billion to upgrade their systems to offer digital TV and other services.

Anstrom said the cable, satellite and broadcast industries should refrain from extolling the glories of digital TV in order to avoid inflating consumer expectations. He cited compatibility between cable set-tops and digital TVs as one example of a possible snag.

"We are still in the foundation-building process here," Anstrom said, adding that he didn't expect the consumer retail market to take off until the fourth quarter of 2000.

- 3/2/99