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


To: Manuel Vizcaya who wrote (39982)4/19/1999 10:11:00 PM
From: John Rieman  Respond to of 50808
 
Divi does LIN......................................

conventionnews.com

COMARK and DiviCom to Provide Digital Television Encoding Systems to LIN Television

(Southwick, MA.) - LIN Television Corporation and COMARK Communications have announced an agreement for ATSC Encoding Systems. Under the terms of the agreement, COMARK, through its CDS (Complete Digital Solutions) unit will provide both standard definition and high definition encoders from DiviCom, Inc. (Nasdaq: CUBE) to all LIN Television stations. COMARK will also provide LIN with its own PSIP product.

Robert Ogren, Vice President of Engineering and Operations for LIN said, "We chose COMARK because they have always provided us with excellent service and support. We think that COMARK and DiviCom make a powerful team.î

COMARK and DiviCom are delivering an encoding solution that allows LIN to maximize the benefits of transitioning to digital while minimizing the risks. By choosing this solution, LIN is able to leverage the experience of two leading technology companies to make it possible for them to launch their digital television services.

ìWe appreciate the trust that LIN Television has put in COMARK,î said Jerry Chase, President & CEO of COMARK Communications. ìWe are also happy to team with DiviCom to provide a comprehensive solution to this prestigious broadcast organizationî.

ìThe launch of digital television services presents a number of challenges for broadcasters such as LIN Television,î said Tom Lookabaugh, President of DiviCom. "The DiviCom / COMARK team provides a powerful DTV solution that meets broadcasters' immediate needs and establishes a foundation for future growth and expansion."

COMARK will deliver and install systems at two of the LIN stations this year; WISH, Indianapolis and TNH, New Haven-Hartford.

LIN, based in Providence, RI, has 12 owned and operated stations throughout the country: WISH, Indianapolis; WTNH, New Haven-Hartford; WOOD, Grand Rapids; WIVB, Buffalo; WAVY, Portsmouth-Norfolk; KXAN, Austin; WAND, Decatur; WANE, Ft. Wayne. They also have four LMAs: WOTV, Battlecreek; WBNE, Hartford; WVBT, Norfolk; KNVA, Austin. LIN Television was formed on December 28, 1994 as the result of a spin off from its parent, LIN Broadcasting.

COMARK, a subsidiary of THOMCAST is an Emmy award winner and a leading supplier of high power UHF and VHF television transmitters, for both analog and digital technologies. COMARK provides broadcasters with Complete Digital Solutions through its CDS unit which specializes in consulting, project management, systems design and integration, and DTV products. THOMCAST recently announced the formation of a new United States company, THOMCAST Communications, Inc. The new company, THOMCAST Communications, Inc. will be formed from the merger of COMARK Communications, Inc. and COMWAVE also known as Communications Microwave Corporation, Inc.. COMWAVE is the worldwide MMDS market leader for analog, digital, and symmetrical 2-way voice/data applications, and the pioneer of multi-channel television transmission

technology and systems. Both COMARK and COMWAVE have been operating as separate companies owned by THOMCAST for several years.

DiviCom Inc. delivers digital television solutions. Products include audio/video encoding, data broadcast solutions, network management systems, consulting and integration services. Based on the MPEG-2, DVB and ATSC international standards, DiviCom products enable digital video broadcasting over a variety of networks including terrestrial, satellite, wireless, fiber and cable. DiviCom is a wholly owned subsidiary of C-Cube Microsystems Inc. (Nasdaq: CUBE), and both companies are based in Milpitas, Calif. C-Cube is a leading provider of digital video silicon solutions for the consumer electronics, communications and convergence markets. DiviCom can be reached at +1.408.944.6700 or at www.divi.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected in such statements as a result of economic conditions, market conditions, and competitive pressures in addition to the risk factors described in the C-Cube's Form 10-Ks, Form 10-Qs and other reports. Also, there is no assurance that HDTV encoding systems will achieve market acceptance, due to the rapidly changing market for such products, competition and other factors. The Company assumes no obligation to update such forward-looking statements.

For further information:
CONTACT: Matt Tietze mtietze@comarkcom.com Ben Stanger mediarelations@divi.com



To: Manuel Vizcaya who wrote (39982)4/19/1999 10:24:00 PM
From: VidiVici  Read Replies (1) | Respond to of 50808
 
It's simple... the non-Divi part of Cube is actually constructed of anti-matter going backwards in time, thus the negative contribution to total valuation. I would be careful touching anything if you're going to the shareholders' meeting. The resulting explosion would probably destroy half of silicon valley.



To: Manuel Vizcaya who wrote (39982)4/20/1999 12:17:00 AM
From: view  Respond to of 50808
 
you have got it right.
even analysts have looked at it that way.

Divicom with PE of 25, and Cube with PE of 15 will add up to market value of $1.5B (about twice of today).

How many semiconductor companies do you know that they have a gross margin of 60% (consistently)?
ALTR, XLNX, INTC, LLTC, MXIM are the ones that I know and all have the market multiples of 7 or more.

I hear multiples upgrades on CUBE. Alex brown uped it to strong buy.